Archive for January, 2011

Universal Lack Of Thinking

Saturday, January 8th, 2011

There are few things in this country of ours around which there is universal agreement. I challenge you to identify five things in the next five seconds. Go. Not so easy, is it.

Except when it comes to explaining the disappointing payroll numbers for December. After an encouraging ADP jobs report on Wednesday that forecasted a net add of 297,000 jobs in December, the Department of Labor threw a wet blanket on the celebration by reporting a net add of only 103,000. Groans rose from every corner of the economy and Wall Street in response to the disappointing results. (more…)