The Obama distraction machine will have 88,000 reasons to go into "a hyper mode" after Friday's jobs report.   We know now that the unemployment rate dropped to 7.6% but that's because half a million are no longer looking.  I understand that the real rate is 13.8% if we were counting the many who've dropped off. If the US economy was a baseball hitter then we would say that we are watching a player in a "funk" or lost at the plate.     The jobs report was ".....the slowest pace of growth since last June, and less than half of what economists had expected." I guess that we can finally say that the 2009 stimulus did not stimulate!  It was the most outrageously misspent $847 billion in US history. Friday's jobs report will have 3 immediate consequences: 1) It will make it more difficult to legalize 10 million foreign workers in the US.  In other words, immigration reform took a big hit on Friday.  The...(Read Full Post)