Still stinging from the Patriots embarrassing loss to the Giants Sunday night, I have decided to move past my disappointment with Mr. Brady for the moment and do some news.
The jobs report is on the tongues of every pundit out there, so I’ll throw in yet another two cents. Republicans are going to have to accept the reality that the latest jobs numbers are damn good news in some ways. If we analyze the Bureau of Labor Statistics numbers for the last quarter, and extrapolate out the trend going back to about the fall of 2009, we can clearly see some movement in the right direction in the areas of Science and technology, engineering, construction and services, to include a pretty good uptick in retail for fiscal 2010-2011. It is noteworthy that in a recovery that has muddled along at what can only be described as a snail’s pace, these types of “numbers inside the numbers” do show improvement. What I mean by this, is putting aside for a moment that the work force has shrunk considerably, and that 24 million Americans remain significantly “underemployed”, the U.S. economy is doing what the U.S. economy always and eventually does, rolling over and coming about, despite whatever Washington is doing to “muck it up”. Some of my readers may recall my writing on this very notion around the time of the great “stimulus debate”.
Appropriately however, I think the Republicans should do their own homework and not get caught bad mouthing any good we can take from very bad times. There is plenty to focus on in the areas of inflation, fuel costs, European financial chaos, our own debt here at home, and how these factors will inevitably impact future jobs reports. But the fact remains that many who have struggled to find work to feed their families and hold on to their homes have found it, and this is absolutely good news…