We were on location for the show yesterday and didn't get a chance to get into this. The stock market plunged on the news that the "added jobs" were a census job-fueled mirage. The jobs created line has been used to defend the stimuls. I've argued that you can't point to ANYTHING in the stimulus package that would create private sector jobs. We already knew the recovery was tepid. It now appears to be even slower than believed, hence the market plunge.
In fact, it's so slow, one can argue whether the recovery is being SLOWED by the stimulus. One will argue that, on Monday's show.


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