After election, they will come back with correction, same they did before NJ and Virginia election.
They understate inflation, which skews the growth numbers. I don’t think we have growth.
That’s OK. Tax hikes, Obamacare, and more regulations will get us back on track. /s
And the Recovery Summer just keeps rolling along.
Quick, let's have a TAX INCREASE!!!
Yeah, that'll fix it.
So we have a jobless non-recovery.
Unexpected, I take it?
Recovery Summer, baby!!
“The Labor Department said Thursday that first-time claims for unemployment benefits fell more than economists had predicted last week. Applications are still at levels that indicate employers aren’t necessarily ramping up hiring, but at least the pace of firings seems to be slowing.”
The above is what passes as good economic news. Read carefully and assess for yourself.
What this says is that unemployment continues to rise, hiring is frozen, and employees are still being fired. To the libs and progs this is considered good news.
Obama’s message this is the new norm and its all Bush’s fault, consider yourself lucky that your not in soup lines I stopped that from happening and give me more time and I will continue to confiscate wealth from those that have and give it to those that don’t have.
Subtract the effect of Federal deficit spending and the GDP is shrinking, not growing.
Arbusto’s fault.