Get Your Blog Up

“This administration is populated by people who’ve spent their careers bashing government. They’re not just small-government conservatives—they’re Grover Norquist, strangle-it-in-the-bathtub conservatives. It’s a cognitive disconnect for them to be able to do something well in an arena that they have so derided and reviled all these years.”

Senator Hillary Clinton

Friday, July 08, 2005

Dropping out

I've said it before, but here it is again.

The drop in the unemployment rate isn't cause by the weaker than expected job growth each month, but rather by the number of people who are dropping out of the work force.

But now you don't have to take just my word for it.

And once again, the manufacturing sector lost jobs, now the forth month in a row.

So things aren't as rosy as that 5.0% number may have you believe.