Ooh! 117,000 more hamburger flipper jobs will surely get him reelected.
Q: What is the only way to get a lower "unemployment rate" when an economy has such consistently weak job creation numbers?
A: Decrease the number of possible jobs in the economy. [Our GDP is now lower than the day Okhrana took over.]
From AP via Yahoo! News:
Unemployment rate dips, economy adds 117K jobs
Ditto, only a short time later:
Stocks turn lower as optimism about jobs fades
A stronger jobs report [Hee-hee.] wasn't enough to calm financial markets or stem concerns that the debt crisis in Europe could threaten the fragile U.S. economy.• Wall Street Journal: US Stocks Tumble,Sending S&P 500 Briefly Into Correction Territory
• Washington Times: U.S. Eats Up Most of Debt Limit In One Day
• AFP: US Borrowing Tops 100% of GDP: Treasury
Wall Street slide sends waves across economy
A scary drop in stocks and commodities threatens to squeeze life out of an already faltering U.S. economy, with deal-making, investment in plants and equipment, and capital raising at risk of slowing down or freezing up. - Roto-Reuters
US economy: GDP growth much weaker than thought
US economic growth is much weaker than first thought, government figures show. The economy grew at an annualised rate of 1.3% in the second quarter, the Commerce ...
- bbc.co.ukUS economy looking weak in 2nd half: economists - Yahoo! News
The US economy is looking to a torpid second half this year after data showed US consumers have zipped up their wallets and the government moved to cut more spending ...
- news.yahoo.com
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