http://www.nypost.com/seven/12092008/business/obama_white_house_is_in_for_a_nasty_surp_143334.htm
Another look at the BLS numbers. Once again I view U6 as the clearest measure the government produces. I also agree the birth/death number mess with the true number.
I am looking for March to be the end of the rally period and by then the numbers may be horrific as companies are usually very hesitant to lay anyone off before Jan 1.
Tuesday, December 9, 2008
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