So, unemployment at 4.6 is a bad economy? What is the current running average in EU? China? Australia? Any country in Africa chosen at random? Please to explain how this is the worst economy in 60 years, I am just dying to hear this line of shit woofie.

Hmm. I think it’s a schtick.

There’s so many economic indicators and statistics out there, detractors will always find something to bitch and moan about.

That’s what I think.

We’ve seen strong growth the past few years. Looking at Woofies chart you’ll see that last year job growth was about what was just reported.

It’s probably better than that as they always revise the numbers upwards.

Thanks for the help woofie.

By the way unemployment is low at 4.6%, isn’t that great!

Even with the population growth entering the job market.

Does that include illegals? Our population growth is pretty flat; most of it is in the illegal population, and they should leave anyway.

150k-170k to stay even.

“Even” with what?

Both the employment (non-farm payroll) and the unemployment numbers are very good news, as they indicate that the economy’s rater of growth is gradually slowing. Now, instead of going from 30 mph to 60 mph, rhetorically speaking, in 4 seconds, we are doing so in 5 – 6 seconds. This moderation in the rate of growth is important. In econometric terms. its referred to as a “soft landing,” exactly the scenario that the FOMC and Ben Bernanke are looking for.

The result is that there will likely be no further rate hikes this year, and quite possibly a reduction in rates sometime during the first quarter of 2007. The market has been telling us that short rates are too ohigh for 6 months now.

As for WOOF’s population growth worries, I suspect that stricter border security and enforcement, the prospect of 700 more miles of fence, and the fact that much of the illegal employment is still “off the books” anyway should all combine to diminish any any of the pressures that WOOF imagines will appear. Nice try though!

The whole premise of this jobs report is wrong because liberals are wrong. Bush hasn’t created any more or less jobs than any other President in US history. That’s because entrepreneurs are responsible for job growth. All the government can do is stay the hell out of the way. Liberals see government as owning everything and anything us peons have is by the good graces of government.

It’s a bit incongruous to envision many of those multi-syllabic words in that talking points memo, what with them being Democrats and all.

Woof, You liberals never cease to appall me. Your 150k minimum based upon poulation growth and new employees can’t be accurately judged by one month, nor does it take into account those leaving the job market, ie. retirement, self employment, etc. But then again, does it even matter to you — I doubt it. It only matters to leftist loons that they hate Bush.

HG: They do if you show them some results. The way it works inside an govt agency is that the more you spend on gadgets, the fewer employees you say you need, and then you can spend more of your budget on administration. Screenwatchers are cheaper than border agents, and they don’t require vehicle expense, nor do they require the training that agents do. Until we demand actual performance from a govt agency, they will continue to demand more money and do less for us. I rate border cameras right up there with intersection cameras as a govt boondoggle. If you have enough guys on patrol, though, cameras are a worthwhile addition.

I notice woofie spewed a graph,and ran. Those 2 and 3 syllabe words in the Democrat Party’s talking points email must be giving him a hard time.

HG: Unfortunately, your position is somewhat inaccurate, since it only applies to the private sector. Govt jobs are also included, so that Dem administrations that increase the number of govt jobs appear to be increasing employment. The only problem with that is govt jobs don’t add to our prosperity; they are a direct expense to the taxpayer, and generate no new income.

Schtatistics are pretty good indicators. HA! Sorry, something has come over me that I can’t control… Hoodlumman does that to me!

150k-170k to stay even.

You know what’s really funny about this? The fact that President Bush isn’t the “first President since Herbert Hoover to lose jobs” during his term in office, as Kerry and the Dems were proclaiming in 2004.