Atrios, the most ravingly liberal of liberal bloggers had this to say about job growth yesterday:
So, let’s choose our criteria in advance. Anything under 140K is seriously bad. A number between 140K and 240K isn’t particularly good, but at least a sign that things could be picking up. And, anything under 306K is proof that the tax cuts are not working as promised.
The final number is 308K… so now even Atrios admits that the Bush tax cuts are working as promised. Now, what sauce goes best with crow?
71,000 of the jobs “added” are due to the end of the California supermarket strike.
So, 235,000 is the real number of new jobs. I’ll take it, but it’s not great. A major strike isn’t going to end every month.