Wednesday, July 01, 2009

BARACK OBAMA

Stimulus Continues to Work Invisible, Intangible, Unverifiable Wonders

White House Press Secretary Robert Gibbs Monday on MSNBC, on when the public can judge the success of the stimulus: "I think we should begin to judge it now."

The news, today:

Automatic Data Processing, a payroll-processing firm, said private-sector employers cut 473,000 jobs in June, a 2.5% improvement from the revised 485,000 drop in May.

The June job cut total was more than expected. Economists surveyed by Briefing.com had forecast a loss of 394,000 jobs last month.

The honest-to-God headline on CNN: "Job Market Shows Some Improvement."

07/01 08:50 AM Share