Friday, March 7, 2008


The Bush "boom" has produced very tepid job growth at best. But the latest jobs report confirms shows a weakening economy*:

Not a good trend.

I have been of the opinion that the recession we're in, or soon to be in, will be mild. Recent trends and lack of government action to intervene in the housing mess with any kind of effective strategy makes me think we're heading for something worse.

*Keep in mind, these are the government's statistics which are greatly skewed to show better than real jobs growth.

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