A Sign
Monday 7 June 2010 - Filed under Economy + POTUS
President Obama in a speech concerning apparent job growth in May:
This report is a sign that our economy is getting stronger.
Really? That’s awesome! Tell me more. Luca Di Leo of The Wall Street Journal:
The U.S. economy added jobs in May at the fastest pace in a decade, but the gains were inflated by temporary government hiring for the 2010 census and weren’t enough to bring unemployment down much
. . .
Hiring for the decennial count of the U.S. population likely peaked in May, meaning the private sector will have to make up for the census jobs that will be lost in the coming months. By July, the bulk of the door-to-door work will be done, and most census jobs will evaporate. (Emphasis Added)
Oh. Nevermind.
2010-06-07 » madlibertarianguy