Patterico's Pontifications

3/31/2010

More “Unexpected” Economic News

Filed under: Economics,Obama — DRJ @ 7:58 pm

[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

18 Responses to “More “Unexpected” Economic News”

  1. Everything is “unexpected” when you are so situationally challenged as this group is.

    AD - RtR/OS! (6f84de)

  2. don’t you mean “reality challenged”?

    redc1c4 (fb8750)

  3. 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.

    SPQR (26be8b)

  4. 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?

    Patricia (fa8e06)

  5. Can we expect that we’ll only have posts about expectations not being met when it’s on the downside?

    imdw (19cd35)

  6. 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.

    Stashiu3 (44da70)

  7. 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.

    Gerald A (a66d02)

  8. BTW, economists expect tomorrow’s March jobs report will show the economy generated 190,000 jobs last month.

    Gerald A (a66d02)

  9. “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?

    imdw (779953)

  10. You can’t find any recent figures that beat expectations? Not on the sources you read?

    I can’t recall any on job creation.

    Gerald A (a66d02)

  11. Now i’m not sure if you just didn’t understand me or are moving the goalposts.

    imdw (e66d8d)

  12. Apparently I didn’t understand you.

    Gerald A (a66d02)

  13. THE “UNEXPECTED” PART IS THE RARE BIT OF HONESTY FROM THIS ADMINISTRATION.WHEN YOU ARE CLUELESS MOST THINGS ARE “UNEXPECTED”.

    clyde (b7b0fd)

  14. pardon me for the caps lock.

    clyde (b7b0fd)

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  17. 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=

    Gerald A (138c50)

  18. 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.

    Gerald A (138c50)


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