The Friday jobs number will likely be a disappointment again....unless of course you buy into the "dumbing down" theory of economics...where anything that isn't a disaster is a victory.
Alas, sooner of later, Dubya and the Republicans are going to have to admit to what we all secretly know; JOBS ARE LEAVING IN DROVES AND WHATEVER IS BEING "CREATED" ARE LOW WAGE LOW BENEFIT JOBS, TEMPS OR PARTTIMERS.....
AT SOME POINT THERE WILL BE A "JOBS EPIPHANY" AND THE WISHFULL THINKING WILL BE GONE....OF COURSE THERE WILL BE A CALL ON THE G-MAN TO LOWER RATES.
BUT I DON'T THINK SO...NOT WILL HYPER-LIQUIDITY STILL IN THE HOUSING MARKET AND WITH FREDDIE AND FANNIE HOLDING THE BAG....
