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Friday, August 06, 2004

[+/-]
 Poor jobs figure a sharp blow to W

According to media experts, Friday is the best day to release bad news, as attention to the news wanes over a weekend. It is therefore unsurprising that the Labor Department reported today that US employers added a meager 32,000 workers to payrolls last month, stunning Wall Street economists who had forecast a gain of 228,000. The department also revised job figures down by 61,000 for May and June.

What was the White House's response to the numbers? "Today's employment report shows our economy is moving forward...". In other words, a weak economy is a strong economy.

War is peace. Freedom is slavery. Ignorance is strength.

posted by Nanovirus @ 19:33     permalink your thoughts? 0

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