eckerline obviously that's fair comment, but it's not quite as simple as you make it out.
Here's an analogy. Money is fertilizer. An excess of easy money is like too much fertilizer: most of what grows starts to be weeds. Nobody pulls the weeds in good times, and you get an unsustainable situation. Fair enough.
Unfortunately When you suddenly give up and stop fertilizing, everything dies including crops. That's the modern picture of "austerity." The policies that led to the Great Depression weren't the cure-all that they should be, if fairness were the same as best policy.
If a business requires unnecessary hires to survive it's part of some Commie conspiracy. When "hiring" only means adding unnecessary costs to product/service delivery, it's pure waste, fraud and abuse.
Obama, as a capitalist, understands that many "jobs" can be disintermediated from health care without reduction of delivery or quality. In fact, as the phat is reduced, enhanced services at lower cost can be achieved, as anybody at Bain or McKinsey will tell you--as long as it isn;t their share of the phat being cut.