quite a diff

On the MSN Money Market Report today, the following:

July employment report huge disappointment; nonfarm payrolls add 32K jobs (consensus of 243K)

Quite a difference there, eh? But Big George says that the economy is improving, so that’s OK. He also says that we’re “turning a corner and we’re not going back”. Unfortunately he hasn’t specified whether or not this is a good thing.

I have a feeling that there will be several people thinking that this is of course very bad if you’re a job seeker, but boy it gives a boost to Kerry. I’m not sure how I feel about that attitude. I’m sure it’s easy to say if you don’t happen to be struggling because you’re out of a job.

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