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  • Poor jobs data stuns Wall Street, politicians

    07/08/2011 10:11:41 AM PDT · by Ernest_at_the_Beach · 56 replies
    Market Watch ^ | July 8, 2011, 10:21 a.m. EDT | Jeffry Bartash, MarketWatch
    Meager 18,000 increase in June heightens worries over economyWASHINGTON (MarketWatch) — A disappointing U.S. jobs report has stunned Wall Street and triggered a fresh round of political recriminations as to who and what’s to blame. The economy added a meager 18,000 jobs in June, stoking worries the U.S. economy is slumping again. See story on June jobs data. Here is a sample of reaction on Wall Street and in Washington. • “Today’s report is more evidence that the misguided ‘stimulus’ spending binge, excessive regulations, and an overwhelming national debt continue to hold back private-sector job creation in our country.” —...