PrintJanuary 7, 2009
Jobs report should be no shock
Today one of the major monthly jobs reports came out, and for the second month in a row the "experts" are shocked by the number. Last month, the Bureau of Labor Statistics (BLS) showed November job losses of over a half million.
Today, according to ADP's survey, nearly 700 thousand private sector jobs were lost in December
Comments from the experts include the phrases "shocking" and "eye popping" among others.
Other media outlets, however, have been ahead of the curve on the jobs issue. At American Thinker, continued heavy jobs losses were confidently predicted weeks ago including an analysis of why.
In addition, conservative media icons like Rush Limbaugh, Sean Hannity and Dick Morris have been predicting crashes in the stock market and jobs markets as a result of the Obama victory in November based on where he will take the country.
Any way you look at it, business owners and the more conservative media outlets agree that Obama and the Democrat victories in congress will be bad for business. Meanwhile, the MSM and othe experts continue to swoon over Obama daily and remain "shocked" each month as the economic disaster plays out.
