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  Monday  February 9  2004    11: 46 AM

economy

Stock Market Goin' Up, Jobs Goin' Down

 

 
George W. Bush, the Funky President, is having the worst term in office when it comes to jobs of anyone since World War II. Click the little graph to get the details. People, it's bad.
 

 


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The New Math

 

 
The January employment report came out today, and I found it more interesting -- which is to say, less mindnumbingly dull -- than usual. The Bureau of Labor Statistics has completed its annual benchmark revisions to the payroll job numbers, and the results make it even clearer just how disturbingly strange the current "job-killing" economic recovery has been.
 

 
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Money for Nothing

 

 
While I'm on the subject of economics (see The New Math, below) I thought I'd update the following chart, which illustrates the degree to which the finances of the U.S. government have wandered away into the Twilight Zone.
 

 
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