[Free Vulcan]

Unexpected! Drink!

The markets are NOT happy. S&P down 15 points in seconds and heading lower.

[TomGuy]

from The Commissioner's statement:

I would note that the severe weather, including tornadoes and flooding, in the Midwest and the South did not materially affect data collection for either the payroll or household survey. In addition, while there is no question that some workers in the devastated communities may have been at least temporarily displaced from their jobs, we found no clear impact of the disasters on the national employment and unemployment data for May. In order for these events to have affected payroll employment, people would have had to have been off work for an entire pay period and not paid for the time missed. In the household survey, people who missed work for weather-related events were counted as employed whether or not they were paid for the time off. There will be state and local area estimates available later in the month.

Wait until the June figures are released in early July. Bad weather damage will have a significant impact on the numbers.

[SpaceBar]

McDonald’s + 4000

[Road Warrior ‘04]

Less than half of what had been EXPECTED! Yep, we're headed in the right direction.....sigh

[wiggen]

No victory lap for Odumbo. I guess its back to golf and hoping for change.

[Oldeconomybuyer]

U-word.

[RexBeach]

If I had voted for Mr. Obama, I think this morning would be a really good day to take a long walk off a short pier.

Thanks for the great stimulus package, Mr. President. I hope all of your cronies liked it.

You spent all that time going for a ridiculously expensive health care program that cannot possibly work.

You should have spent the last two years working on growth.

OMG, are you this ignorant?

We would have been better off if you had spent the last two years asleep.

[exDemMom]

Total nonfarm payrolls increased by 54,000, much lower than the 125,000 gain expected by Wall Street economists.

I believe the proper term here would be "hoped for," not "expected." Anyone expecting great economic news in this climate is seriously delusional.

[Stosh]

Unemployment looking better, now only 9.1%.

Chocolate ration in June increased to 20 grams.

Obama a lock for 2012; weak Republican field in disarray.

(just give the MSM a little time, that’s what the news will look like before all is said and done).

[JPG]

The WH, Obie and his handlers have to be intensely frustrated. They know what policies they can implement to improve the financial/job situation, but they can't bring themselves to do it because it would run counter to their core socialist beliefs.

[chuckles]

It is time now to emphasize the failure of Keynes and socialism. You have to drill on it every day every hour to get the brain numb dope heads to "get it". You cannot have a war against the job creators and expect them to create jobs. This is the very policies that made the depression of '29 the "Great" depression. Gubmint jobs are a negative, not a real job. The government jobs suck the air out of the real job realm. Gubmint spending isn't the same as WORKERS spending their own earned money. Raising taxes to give more largess out is like healing the sick with leeches.

If we had just given a $trillion dollars of tax breaks to business in the beginning, we would be having high inflation, GDP growth in the 5-8% range and 500k jobs per month. We would still have a trillion dollars added to the debt, but at least it would have had the desired effect. Now we have no jobs, more debt, and more importantly, "NO MORE BULLETS" for the next president. The only bright spot is even a total dummy on drugs will not vote Obama a second term. I'm not saying he will be easy to beat because the American economic education is so lacking they would vote for Castro if they could, but there just isn't enough of them to get Obama back in. The big question now is can we make it to 2012? Will there be enough of America left to fix? Will the next guy know what to do? Anybody without "Friedman" as their middle name shouldn't have a chance of election. A question that must be asked, even of republicans, should be "What would you do first?" Platitudes and spin must stop right now. If someone doesn't have a plan, we don't have the time or money to mess with them. If we are just going to inflate our way out of this, we have another loser and we won't survive another term. America MUST change, and right now, not 6 months from now. I'm not even sure the Republicans shouldn't try impeachment for stealing 3 trillion dollars.

[Pollster1]

After Stimulus, TARP, QE, QE2, Cash-for-Clunkers, and ObamaCare, a total of $5 trillion in federal waste, not counting the massive unfunded mandate, it's inconceivable that jobs would fail to grow. Again.

[Recovering_Democrat]

Bush’s fault.

[Iron Munro]

Obama: The Movie

(I think we saw this part before)

[oldleft]

[COUNTrecount]

“If history repeats itself, and the unexpected always happens, how incapable must Man be of learning from experience.” George Bernard Shaw

THIS is the only thing in this regime that is not unexpected.

[Iron Munro]

[hattend]

Obamaville

[Gritty]

The destruction of America is moving along right on Obama’s Communist schedule.

[upchuck]

I notice you unexpectedly left the word unexpected out of the article headline. LOL.

[schu]

Birth/death model +206,000. Yea sure, these are believable numbers.

Where is the media? Obama lied and 5M people are out of work.

schu