CBS News did a report this evening swooning over the dramatic turnaround of the economy, citing the "unexpectedly large number" of new jobs and the "surge in consumer confidence." They did admit that "about half" of the drop in unemployment was due to people who quit looking for a job.
So 120,000 new jobs is a "large number" when 127,000 new workers entered the work force, is it? That seems about 7000 jobs short of a winner to me. And with 127,000 new jobs and 320,000 workers leaving the work force, how do they come up with that "about half" nonsense? If Tommy has one apple and Jane has three apples, does Tommy have "about half" of the net total of four apples?
Where do we get these idiots?
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