Friday :: May 4, 2007

88,000?


by Steve

You've got to be kidding me. This is the best that the Bush economy can do?

The fresh employment picture provided by the Labor Department on Friday showed that payrolls grew by just 88,000 last month as job losses spread beyond manufacturing and construction and into retailing and financial services. Workers' paycheck also grew more slowly.

Now, on cue, will come the cheerleaders telling us how this is a good thing - for Wall Street.

Steve :: 7:47 AM :: Comments (25) :: Digg It!