corrente

Looks like the leading indicators ("Economy tanking") were right again. And can't we outsource these economists? Or give me the job! I'm sure I could keep getting surprised (back) for a lot less money than these guys are making!

The facts:

WASHINGTON (Reuters) - U.S. payrolls grew by just 96,000 workers in September, the government said on Friday in a surprisingly weak report....

I keep asking: What's surprising about it? The economy has sucked since Bush took office; in fact, that's his plan ("Why Bush wants jobs flatlined"): a low-wage, no benefits, plantation-style economy, with gated and guarded communities in place of the big house.

[The report] heightened market speculation that a mid-year economic "soft patch" may be harder to dig out of than thought and might lead the Federal Reserve call a halt to its campaign of incremental rate rises sooner than had been expected.

The only "soft patch" I can think of is Dick "Dick" Cheney's belly....

September's job-creation total fell well short of Wall Street economists' forecasts for 148,000 new hires. The department also revised down its estimate of August jobs to 128,000 from 144,000 it reported a month ago.
(via Reuters)

Lovely. Thank god I've got overtime. Oh, wait....