Tuesday, May 25, 2010
Saturday, May 15, 2010
Friday, May 14, 2010
Thursday, May 13, 2010
Sunday, May 9, 2010
Saturday, May 8, 2010
Okay, the right-wing media simply does not like President Obama and his administration. We get it, but this constant negative attack is beginning to sound like a broken-record that keeps on going and going on to the point that now it sounds like a nagging toddler. It is getting so bad that I want someone to shut the right-wing media up. But, in the end, I'm a big believer in free-speech. I just wonder if free-speech means no responsibility or accountability.
Economist: "This is unambiguously a strong report." The New York Times reported MF Global chief economist James O'Sullivan's statement that "This is unambiguously a strong report for growth implications. ... It adds to the evidence that the pickup in growth is leading to a clear-cut pickup in employment. It is very clear there has been a bounce here, and momentum has been up.' "
Reuters: Increase in jobs "far more than analysts had expected." A May 7 Reuters reported that the "[a]nalysts polled by Reuters had expected nonfarm payrolls to rise 200,000," 90,000 less than reported:
AP: Unemployment increased "mainly because 805,000 jobseekers -- perhaps feeling better about their prospects -- resumed their searches for work." The May 7 Associated Press linked to by Drudge and Hoft reported: "The unemployment rate rose from 9.7 percent in March to 9.9 percent in April, mainly because 805,000 jobseekers -- perhaps feeling better about their prospects -- resumed their searches for work."
Economist O'Sullivan: Unimployment increase "more than accounted for" by labor force surge." The Times reported O'Sullivan's statement, "Of course one of the headlines is that the unemployment rate rose, but the rise was more than accounted for by a surge in the labor force."