Friday, June 4, 2010

What, you mean the Census is not productive endeavor?

Oh, wait... the 'recovery' is screwed folks. Now, can we proceed with the misperceptions game, led by the deflationists, and get everyone whooped up and good 'n scared again?

The Labor Department said 431,000 jobs were added to the U.S. economy, but of that total, 411,000 workers were hired for the U.S. Census. Wall Street looked for payrolls to rise by 513,000.

"This shows that the economy is a lot weaker than most people had suspected," said Gary Shilling, president of an investment research firm in Springfield, New Jersey. "It raises the risk of a double-dip recession."