How We Lookin' at Home? Getting Better!
U.S. employers added new jobs in September for the first time in eight months, the Labor Department (news - web sites) said on Friday in a surprise twist for financial markets, which had been braced for more losses.
The number of workers on U.S. payrolls outside the farm sector grew by 57,000 last month, the first time since January that jobs were created and sharply contrary to Wall Street economists' forecasts for a 30,000-job loss. The unemployment rate was unchanged at 6.1 percent in September.
Read the Reuters
story.
Matt's Chat
Seems our president has gotten the message. The domestic agenda is starting to turn things around...
Mark's Remarks
Seems to me that the Reagan model works after all, eh? Remember 1981-83? Reagan solved the crisis of inflation and such, but the result for a temporary period was unemployment...Then toward the end of 1983, the economy boomed until the early 1990s. Hmm......could it be the tax cuts work? I am sure liberals will be crying. However, looking at taxing records from the 1980s, in spite of reduced taxes, the contributions of the richest people toward the general fund went up....Why? Because they were making MORE MONEY, because they had more of their own money to invest....why don't liberals get it? It has been proven time and again....
