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September 02, 2011

BREAKING: August Unemployment Rate Steady At 9.1%, ZERO Net Job Creation

The Wall Street Journal says the expectation was for 70,000 jobs to be created. Missed it by that much Chief.

But, but he said he was going to give a speech!

More here.

I just saw a guy on CNBC say the ZERO (ZERO!) net job creation is the first time since 1945 that the government has reported no jobs created in a month. Unprecedented!

Also...June and July job creation numbers revised downward. So what happens when this August report is UNEXPECTEDLY revised down next month?

Liberals are fond of pointing out that Reagan was in bad shape around this time of his term so Obama can still pull it out. Well, as we know Reagan had laid the foundation for a roaring economic comeback. Clearly what Obama has done and failed to do has laid the foundation for a double-dip recession.

posted by DrewM. at 08:46 AM

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So what happens when this August report is UNEXPECTEDLY revised down next month? Liberals are fond of pointing out that Reagan was in bad shape around this time of his term so Obama can still pull it out. Well, as we know Reagan had laid the foundation for a roaring economic comeback. Clearly what Obama has done and failed to do has laid the foundation for a double-dip recession. posted by DrewM. at 08:46 AM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments JackStraw: ">>Yeah, right AfD wants safety and security for it ..." grammie winger - cheesehead: "He wasn't a Muslim, then? Just a guy who liked to ..." fd: "Mostly peaceful Muslim. Mostly. ..." FenelonSpoke: "He wasn't a Muslim, then? Just a guy who liked to ..." FenelonSpoke: "Posted by: publius, Rascally Mr. Miley (w6EFb) at ..." 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