Thursday, October 15, 2009

Good News! More People Are Out Of Work!

Only under this administration are 514,000 newly unemployed people considered good news. But we also get great news that 30,000 people have a new job have because of the stimulus. Only under this administration does 30K trumps 514K. 514K new jobless claims; inflation remains muted - Yahoo! News: "WASHINGTON – New jobless claims dropped to the lowest level since January and the prices of many household goods stayed low last month, positive signs of stability for the fledgling economic recovery." Federal Contractors Report 30,000 Stimulus Jobs Added or Saved - WSJ.com: "About 30,000 jobs have been directly created or saved by contractors who received money from the federal stimulus program, according to new reports Thursday."

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