More info on the current economy for you:
kudlowsmoneypolitics.blogspot.com;
Please.....Brumar.....Kudlow? The GOP whore who formerly was an economist. Seriously, I not even going to honor him with a response other than to point he's using ADP numbers which notoriously have been inaccurate. Furthermore, this is what he said in the blog you posted:
"Look at how close the reports parallel one another. So here’s my point: Jobs aren’t folding. Jobs aren’t plummeting. Jobs are strengthening. Now I’m not smart enough to know what the jobs number is going to be tomorrow, but you could easily have a blockbuster 200,000 jobs report. I don’t know, it could be 150K, it could be minus 600K, but I highly doubt that folks. When you see this kind of ADP report, you’ve got a whole new situation."
In reality, we got a job increase of 18K, not 200K, and an unemployment rate that jumped from 4.7% to 5.0%.....the biggest jump in several years.
At this point, a smart person would begin to wonder if the pundits he listens to know about what they are speaking. Actually, that should have happen at least a couple of years back.
Most times we don't know we've entered a recession til after the fact.
True. But we can say there is no evidence the economy as a whole is in recession now. Democrat wishfullness is not evidence.
You're crazy. Do you honestly think I want a recession? A dem is winning the presidential election with or without a recession. I don't like recessions.....they hurt me financially.
Unemployment is nearly up to 370K...which is considered recessionary levels.
In a country of 300M?????
That's right. Its measures the newly unemployed......not the ones who ran out of benefits months ago. Besides, a 3% increase in the unemployement rate should concern even you. |
