Nonfarm employment..................-80
Goods-producing.....................-93
Construction ....................-51
Manufacturing ...................-48
Service-providing...................+13
Retail trade...................-12
Professional and
business services..............-35
Education and health
services ......................+42
Leisure and
hospitality ...................+18
Government ......................+18
I just don't see how manufacturing can
keep plunging without causing some alarm
...even panic...bacause of the trade deficit
implications.
The FED is so Wall Street focused that the
Macro picture... which is
biting us on the ass ... is simply
never mentioned, completely ignored.
And frankly, I think this "health and education" jobs number is pure Bullshit!
I mean where are they putting all these new "ass wipers!!" There should be news stories about massive hospital construction going on...with pictures of fat ass Americans checking into hospitals for "medical services."
I suspect that the health care spending "boom" is an as yet undiscoverd fraud...not dissimilar to the exotic "Paper Asset Bubble" Bullshit... now ending badly on The Street!
Stay Tuned...anyway...I'm working on it...
