For those hoping for good economic news out of Washington today, they’re in for a terrible disappointment. According to the latest jobs report from the Department of Labor, the economy created only 69,000 jobs in May — well below expectations — while the unemployment rate rose to 8.2 percent, and job numbers from March and April were revised significantly downward. Meanwhile, Taxmageddon is threatening the U.S. economy and holding back growth, but strangely, President Barack Obama isn’t doing anything about it.
