Economy continues to sputter along; only 175,000 jobs added in May

I was going to quote from the New York Times article on the May unemployment report, but reading it, you would think that everything is just peachy and only going to get better. Oh heck, just for fun, here's an example of what I mean: In a New York Times/CBS News poll conducted May 31 to June 4, 39 percent of respondents said that the condition of the economy was very or fairly good, the highest share saying this since President Obama took office and even since the recession officially began in December 2007. Nearly half of respondents - 46 percent -- rated the job market in their area as very or fairly good, with a third saying that they think their local job markets will improve over the next year. (The poll has a margin of sampling error of plus or minus three percentage points.) Um - what about the number of people who rate the economy as "poor or very poor"? I thought so. For the record, it's 60% who think the economy is "bad." Here's a fairly straightforward...(Read Full Post)

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