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Old 03-03-2004, 02:25 PM   #25
madape
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Default RE:Jobs, Jobs, Jobs

Market forecasts estimate that Feb job growth is going to be the largest monthly jump since the bubble burst. After the economy added a healthy 110,000 in January (surely to be corrected upwards), analysts have estimated an increase by as much as 175,000 in Feb. This would be the first time we've seen six digit job growth in back-to-back months since 2000. In fact, the job market looks so good right now that many think the FOMC will consider raising the interest rates to curb inflation. This has lead to the dollar to surge to four month highs against the Euro today.

Just as in terrorism, good news is bad news for the Dems. While a full-on job recovery won't prove quite as much of a downer as nabbing Osama will soon be, but it probably won't be bringing to many smiles to Kerry and his band of Bush bashers. So I'm sure next week Kerry will try to convince everyone that adding almost 200K jobs in one month is bad news... just as Howard Dean tried to convince people that capturing Saddam was bad news (it was... bad news for him).

The long schlong of job growth is finally emerging from the polka-dotted boxer shorts of the George W. Bush economic boom... and it's about to drop a load of piss right upon the elongated horse-shaped head of one French-looking, defense-program-axing, flip-flopping, morally-bankrupt, massachusets liberal.
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