http://yhoo.it/bFVDPj - - - The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months. The surge is evidence of how volatile the job market remains, even as the economy grows. - - -
The economy is not growing, and these boot-licking sycophants in the press need to stop pretending it is. Otherwise, we're going to (continue to) be seeing a LOT of "unexpected" data for the foreseeable future. Debt is growing astronomically, along with pork-barrel spending. Regulation and attempts to snuff out freedom and industry are expanding rapidly. But the economy -- the thing that actually creates wealth -- is far from healthy, as the public sector debt and interference is choking off private sector capital supply. And I'm not talking about credit supply but real capital. Anybody who understands the role of capital in a free market system would not only expect to see what is happening, but be stunned if the economy actually did start any meaningful expansion under the current regime. That *would* be totally unexpected, to the point of being suspicious as propaganda instead of news (very common in the Good Old Days for which Obama and his communist Czars so deeply long). - Publius -- "It ought never to be forgotten, that a firm union of this country, under an efficient government, will probably be an increasing object of jealousy to more than one nation of Europe; and that enterprises to subvert it will sometimes originate in the intrigues of foreign powers, and will seldom fail to be patronized and abetted by some of them. Its preservation, therefore ought in no case that can be avoided, to be committed to the guardianship of any but those whose situation will uniformly beget an immediate interest in the faithful and vigilant performance of the trust." [Federalist Papers #59] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
