"For the eighth week in a row, the number of initial jobless claims remained in the 420K range, according to the Department of Labor’s report today." (Via Ed Morrissey)
Of course, the big news is that the news media continues to report all of this bad news as "unexpected".
Frankly, who are these journalists talking to? Don't they have any relatives living in the real world?
As we've discussed before, we have a "confidence" problem, specially in the private sector where jobs are created.
I think that the news media should stop acting so surprised every time that they report bad news.
Again, they need to get out of the office and actually talk to people, specially small businesses scared to death with higher taxes and regulations pending.
Tags: The US economy stinks To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!
