The US economy produced a net zero new jobs August, the worst showing in 11 months, and far below consensus expectations. Unemployment remains at 9.1 percent nationally.

But not to worry, if the lack of jobs really was an issue for the majority of real Americans, I'm sure Congress wouldn't have put off President Obama's jobs speech so as not to preempt a Republican presidential debate. Also, if we continue to cut government spending and slash public sector payrolls I'm sure employment will boom soon enough.