Wednesday, November 30, 2005

Ignoring the Truth About Our Economy.

While J. Dennis Hastert's mouthpieces are busily weaving and concocting another set of sophomoric countdowns for the Speaker's website, here is some good information to look over on what's really going on with the jobs numbers.

This is a timely read, since we're about to get snookered into another "hailing" of wonderful jobs number for November. Economists are predicting (guessing) that Friday's jobs numbers will reveal that a whopping 200,000 jobs were created in November.

Even if it's true, as Sperling points out, we're a long way from scratch under these nimrods.

Another note: look at the details. Where the jobs are created (like in our exploding government payrolls) and the quality of jobs, matters more than the actual numbers at this point.

Onward! Into 1990's wages!

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