1 posted on
05/07/2004 2:04:46 PM PDT by
Eurotwit
To: Eurotwit
One more report that makes Kerry irrelevant.
To: Eurotwit
This isnt thta surprising. Two economist I read regularly are Carolyn Baum and Larry Kudlow. Both said about 2 moths ago that income tax with holding had risen sharply in the past few months. This is actualyl a better indicator of employment and wage growth than anything the BLS or DOL has since it is not a snap-shot or survey of a few thousand business but is a picture of the entire economy.
Since the last two weeks saw unemployment clains fall sharply, expecy May's numbers to be above 300,000 once again. April's 288,000 will be revised upward to over 300,000 and March's 308,000 was revised to 337,000 and Feb's 43,000 to over 80,000. Means BLS is finding new payroll employment in start-up firms not just established ones.
To: Eurotwit
But no one cares about GOOD news. Afterall the OUTRAGE of our nude prisioners (/sarcasam)
4 posted on
05/07/2004 2:15:39 PM PDT by
Moleman
To: Eurotwit
The Dow responded in its accustomed manner. Down triple digits.
5 posted on
05/07/2004 2:19:30 PM PDT by
RightWhale
(Destroy the dark; restore the light)
To: Eurotwit
Surprisingly good numbers for the worst economy since Herbert Hoover.
Even the manufacturing sector has been growing, in spite of the doomsday predictions by the outsourcing hysterics.
14 posted on
05/07/2004 5:32:25 PM PDT by
Jorge
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