The new economic report came in and the job numbers were not good. Private business created 64,000 jobs and the feeling is that over 200,000 are needed each month to keep the economy going. But the interesting news is that government CUT jobs, buy over 100,000, so there was a net loss for the month. Now on one hand, some are saying what a terrible job the Democrats are doing, while calling for MORE job cuts in government. You can't have it both ways. Either cutting jobs in government is cutting spending and is a good thing; or cutting jobs is a bad thing - period.
So if you take the government jobs out - the economy gained 64,000 jobs - good.
BTW - the Stock Market was so depressed by the news that the Dow broke 11,000.......
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