Friday, April 4, 2008

Flip Side

The monthly jobs report came out today. No one was expecting a good one, but it positively stunk up the place. But Bonddad makes a very good, glass half full type point. The Bush boom produced the fewest new jobs of any recovery since WWII (I've written about this over and over again). So on the downside, job losses will be less because there are fewer employed people to be removed!!!

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