The incomparable Keith Hennessey on today's job numbers.
Some advice for conservatives in Congress:
1. These numbers are good news. Don't try to make them bad.
2. This is the time to LAUD American business for persevering in a rough economy in the face of staggering uncertainty--what costs will Cap and Trade impose? What new taxes will healthcare impose on them?
3. Responsibility should be placed on the President for allowing the unemployment rate to get this high in the first place--his stimulus didn't stimulate, and his policies have created doubt and slowed the recovery.
Saturday, December 5th? According to my watch, it's still Friday, December 4th.
ReplyDeleteHow's Saturday shaping up, "Future Boy"?
yeah--posting mistake.
ReplyDeleteNot to be a bummer, but isn't the unemployment rate based on the number of people drawing unemployment benefits? How many people have exceeded the period where they can draw benefits and therefore are no longer counted?
ReplyDelete"Future Boy".
ReplyDeleteIt must have been a hoot growing up in the McG household.