More “Unexpected” Economic News
[Guest post by DRJ]
“Unexpected” is fast becoming the most overworked word of the Obama Administration, and that’s saying something in a White House that prides itself on never-ending rhetoric. Today’s “unexpected” news is an early report showing a decline in March private sector unemployment numbers. Scott Jacobs has more on this story at The Jury.
– DRJ


Everything is “unexpected” when you are so situationally challenged as this group is.
Comment by AD - RtR/OS! — 3/31/2010 @ 8:28 pm
don’t you mean “reality challenged”?
Comment by redc1c4 — 3/31/2010 @ 10:14 pm
We have seen some extraordinary mismanagement of the administration’s economic policies. The cynical way in which last year’s faux “stimulus” was pushed through to pay off Democratic constituencies with no concern at all about its actual economic impact has backfired on the Democrats.
They’ve proven just why they had the reputation of being dangerous to our economic wellbeing.
Comment by SPQR — 3/31/2010 @ 10:16 pm
I wonder what the basic lowest level of economic activity of this country might be. What will survive after this party ruins and nationalizes most of our industry?
Comment by Patricia — 3/31/2010 @ 10:36 pm
Can we expect that we’ll only have posts about expectations not being met when it’s on the downside?
Comment by imdw — 4/1/2010 @ 5:33 am
I am sure we can look forward to posts about expectations not being met when it’s on the upside at your blog. Link please. Thanks.
Comment by Stashiu3 — 4/1/2010 @ 5:41 am
Can we expect that we’ll only have posts about expectations not being met when it’s on the downside?
We won’t know the answer to that until we get something on the upside.
Comment by Gerald A — 4/1/2010 @ 7:22 am
BTW, economists expect tomorrow’s March jobs report will show the economy generated 190,000 jobs last month.
Comment by Gerald A — 4/1/2010 @ 7:25 am
“We won’t know the answer to that until we get something on the upside.”
You can’t find any recent figures that beat expectations? Not on the sources you read?
Comment by imdw — 4/1/2010 @ 9:03 am
You can’t find any recent figures that beat expectations? Not on the sources you read?
I can’t recall any on job creation.
Comment by Gerald A — 4/1/2010 @ 9:12 am
Now i’m not sure if you just didn’t understand me or are moving the goalposts.
Comment by imdw — 4/1/2010 @ 10:07 am
Apparently I didn’t understand you.
Comment by Gerald A — 4/1/2010 @ 10:14 am
THE “UNEXPECTED” PART IS THE RARE BIT OF HONESTY FROM THIS ADMINISTRATION.WHEN YOU ARE CLUELESS MOST THINGS ARE “UNEXPECTED”.
Comment by clyde — 4/1/2010 @ 12:47 pm
pardon me for the caps lock.
Comment by clyde — 4/1/2010 @ 12:48 pm
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BTW, economists expect tomorrow’s March jobs report will show the economy generated 190,000 jobs last month.
The Labor Department said employers added 162,000 jobs in March, the most since the recession began but below analysts’ expectations of 190,000. The total includes 48,000 temporary workers hired for the U.S. Census, also fewer than many economists forecast.
http://finance.yahoo.com/news/Employers-added-most-jobs-in-apf-1200861720.html?x=0&sec=topStories&pos=main&asset=&ccode=
Comment by Gerald A — 4/2/2010 @ 6:59 am
Can we expect that we’ll only have posts about expectations not being met when it’s on the downside?
We won’t know the answer to that until we get something on the upside.
Comment by Gerald A — 4/2/2010 @ 7:00 am