Posted on 06/30/2010 8:31:28 AM PDT by tcrlaf
Edited on 06/30/2010 8:34:14 AM PDT by Admin Moderator. [history]
The private sector of the U.S. economy added only 13,000 jobs in June, according to ADP employment services, a disappointing number that came in below estimates and portends bad things from the government's June jobs report due out Friday.
(Excerpt) Read more at voices.washingtonpost.com ...
1/3 of all homes sold in Q1 were foreclosures...
Wow, that is ..... unexpected
[/sarc]
Recovery Summer is here!!!
How UNEXPECTEDLY unexpected!!
That means actual full-time, Private Sector jobs actually DECLINED in June!
Don’t worry... -15bama said the other day that the economy is in good shape, and we should ignore pesky facts like this one.
Green jobs and tax cuts are just election time placebos. Jobs are not coming back until we make more of what we import.
Quick buy some mutual funds before the Obama Boom hits this summer.
“Recovery Summer”
What a steaming pantload.
“Jobs are not coming back until we make more of what we import.”
I wish that was a possibility.
I smell a second stimulus coming...
RECESSION: Your neighbor loses his job...
DEPRESSION: You lose your job...
RECOVERY: Obama loses his job!
Disaster in the Gulf will kill more jobs, especially with Obama trying to shut all oil-related jobs down. How stupid!
Rising taxes: Bush cuts irrationally allowed to expire, Obamacare taxes to begin, Cap & Trade taxes on the horizon, investment costs to rise under new finance regs...
Leadership lack in the Gulf, in business, in international affairs, in Afghanistan.
Radical hatred of Israel.
Iran allowed to drive forward for nukes.
Pro-Islamic agenda.
Radical anti-constitutionalist justices nominated.
What is there about all the above that doesn’t inspire confidence and make business people want to hire, hire, hire?
It is counterintuitive to think that, when imports increase, it means that jobs are starting to come back.
Let’s not forget the ‘real’ numbers that include those that have looked for so long that they have fallen off the lists....It’s much gloomier that these numbers show.
“It is counterintuitive to think that, when imports increase, it means that jobs are starting to come back. “
Or that another stimulus program passed.
the economy needs to stop being a smart-ass
You didn’t get my point. Generally, an increasing trade deficit means that the economy is expanding, and vice versa.
Ah, I see. :)
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