Nonetheless, look at what the Globe presents me with.
Related: Economy Headed Back Down?
Just remember my comments about DOWNWARD REVISIONS for LATER, 'kay?
"Despite job scarcity, economy is showing signs of recovery" by Jeannine Aversa and Christopher S. Rugaber, Associated Press | June 26, 2009
WASHINGTON - Despite persistent layoffs, the economy seems to be faring better than it was at the start of the year. The Labor Department said yesterday that new jobless claims jumped unexpectedly last week. And the number of people continuing to receive unemployment aid rose more than expected.
After they reported less than that, right?
The figures indicate that jobs remain scarce even as the economy shows some signs of recovering from the longest recession since World War II....
I don't even want to comment anymore about the business section, nor need I:
Meanwhile, the rebound in consumer spending in the first quarter was slightly less vigorous than previously reported. Consumers boosted their spending at a 1.4 percent rate, down from a 1.5 percent growth rate estimated last month.
And that 1.4 figure is lie! Why should we BELIEVE ANYTHING THEY SAY NOW?
Still, (snort, sigh, pffft) that marked the strongest showing in nearly two years and a huge improvement from the fourth quarter, when skittish consumers slashed spending by the most in nearly three decades....
DURING BLACK PROFITS CHRISTMAS of all times -- you know, when we were SUPPOSED to be SPENDING MONEY!!
NO ONE spending NOW!!!!!!
--more--"
