Friday, August 5, 2011

GOOD NEWS! No Double-Dip! (BS)

from msnbc.com:
The U.S. may have dodged the double-dip bullet with the latest jobs data...

The government's monthly job report pointed to a surprise uptick in hiring in July. Payrolls expanded by 117,000 as private employers added 154,000 workers and governments cut 37,000 positions in July.

"This is a fabulous number," said Mark Zandi, chief economist at Moody's Analytics. "We're not out of the woods yet, but this is a good sign that we are going to avoid [a double-dip] recession."
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WHAT A TOOL! Blah blah blah BS!

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