Sideshows
So, unemployment drops to a five year low. More people are working than ever. But what's the focus? Not on that. Oh, it is being reported, but there is almost no interest in it.
Unemployment dropped to its lowest level in five years last month as U.S. employers added 92,000 new jobs, a sign of continued strength in the economy even as overall growth began to slow.
The jobless rated dipped to 4.4 percent in October, down from 4.6 percent in September and 4.9 percent a year ago, according to figures released this morning by the Department of Labor.
The new statistics became immediate political fodder as the midterm campaign enters its final weekend. Republicans argued that the falling unemployment rate shows President Bush's economic policies have worked, while Democrats contended that job growth has lagged other recoveries.
Yes, that's what little interest that's out there. Very little media coverage and little blog action because the focus is on sideshows touted by carnival barkers, yet again. because our politics are serious and….. Hey! Isn't that Barak Obama? And Ted Haggard, whoever he might be.
Good Lord.
UPDATE: AJ Strata feels like he's in the Twilight Zone. No, it's a sideshow, AJ. Just wait until they bring out the contortionist. Sister Toldjah (Brian from Iowa Voice guesting) says it's all about selling body fluids and other misdirections. Ankle Biting Pundits feels optimism. Scared Monkeys, the view from Hooverville. Bizzyblog, wow - but notice the "yeah, but" reporting. PoliPundit, blame Bush - that unemployment is too low. Don Surber, best economy in the world gets better.
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The Anchoress » A quick look around the ’sphere — Saturday, 4 November , 2006 @ 4:00 pm
By MrGone, Friday, 3 November , 2006 @ 7:31 pm
Oh come on now, anyone who thinks things are great and getting better is just sniffing glue. Every major economic indicator is tanking. Every one. You need to deal with reality.
“You’re entitled to you’re own opinion, but not your own facts”
By mokus, Friday, 3 November , 2006 @ 7:36 pm
Wouldn’t it be nice to live in a country with a free press?