Slog Comments
One of the Bad Things About the Jobs Report
1
"No" legitimacy? I'll believe it when I see it. The IMF is still in full operation, and people still talk about reducing "entitlements" in order to balance the budget here in the US. I have no illusions that it's in full swing still.
2
We're still paying taxes to fund the IMF.
Us, as in the USA.
So, not dead yet. Even if austerity == evil.
Us, as in the USA.
So, not dead yet. Even if austerity == evil.
3
As an enthusiastic fan of big government, I'm annoyed at both the lack of coverage of shrinking government and the continual shrieking of the right about "socialism." Government spending as a percentage of GDP is now below the long-term average since WWII; it was several points above for most of St. Ronald of Reagan's two terms.
Given the current state of affairs, Obama should either relentlessly publicize his war on government, or take advantage of the actual public perception and bolster agencies and regulations enough to have some beneficial effects.
Given the current state of affairs, Obama should either relentlessly publicize his war on government, or take advantage of the actual public perception and bolster agencies and regulations enough to have some beneficial effects.
4
December BLS jobs report Table B-1 tells me total state & local government ed employment, not seasonally adjusted, increased by 7,900 year over year (even as it decreased 102,200 month over month) ... which suggests that the alarming month to month seasonally adjusted decrease of 9,000 may be nothing more than an artifact of seasonal adjustment. At most, it disappears into the margin of error of the underlying surveys.
6
p.s., the "fact" Charles claims the WSWS points out has been ignored by "the media" is in fact not quite a fact ... and WSWS does not in fact claim it has been ignored by the media.
7
I, for one, think it's probably best that we aren't continuing to pay the salary of teachers who spend all their time in the pubic sector, but maybe I missed something?
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