Wednesday, August 12, 2009

'A Recovery Only a Statistician Can Love' - washingtonpost.com

Via Washington Post. That about sums it up. Even as Obama feverishly spins the "good news" that we lost fewer jobs last month than the month before, it is not a recovery that Americans will feel anytime soon. Add to that, the worst of government actions, health care "reform," cap and trade and probably a few trillion more in bailouts is still to come.

By the way, what happened to those millions of jobs that President Obama promised to save or create? Does the fact that the economy shed fewer jobs last month mean that he saved those jobs?

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