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Overnight Open Thread

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lawhawk1/25/2010 8:07:26 am PST

re: #382 sattv4u2

Well, if they dropped the bogus metric “jobs created and saved” it would be much easier for them to agree on the numbers - though that would make their claims the economy is recovering all the tougher to digest because the jobless claims keep coming and the economy keeps shedding jobs.

No one other than the government itself is creating jobs, and the only way the U3 and U6 rates are staying where they are is because the BLS is removing those thousands of people who have lost their unemployment benefits and dropped out of the job market.

Instead, we get a situation where three top Obama Administration officials can’t even get to the same number of jobs even though all knew that the others were on the morning talk shows. That’s a lack of coordination that shows ongoing problems within the Administration to deal with the basics.