DOOM! ... It's What's For Dinner

Monty may have taken some time off, but doom sure didn't because there's a smorgasbord in the headlines today. There's unemployment doom, stock market doom, consumer confidence doom, domestic debt doom, foreign debt doom ...

I feel like Bubba in Forrest Gump, but I'm naming all the different kinds of doom instead of shrimp. (Sorry, there's no bacon-wrapped doom. Yet.)

I'll limit this quickie post to that nasty 3-letter word: J-O-B-S. Today's unemployment report showed that we, Unexpectedly™, added only 54,000 jobs in May and the unemployment rate shot back up to 9.1%. Backing out the 62,000 jobs added by McDonald's leaves ... a one-term president.

Additionally, coblogger emeritus Geoff pointed out that we've shed 430,000 full-time jobs in the last couple of months and are now back where we began the year. It's as if the entire population of Reno cried out in terror and was suddenly silenced given a pink slip.

I'll pick up the DOOM! beat again next week in deeper detail since we'll likely be done beating on Weiner then.

Obligatory Kitteh for humpy.

posted by Andy at 07:58 PM

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