The Executive

thenewrepublic:

Are the new job numbers a hopeful sign?

It might be tempting to read today’s expectations-beating jobs number—163,000, against private forecasts in the neighborhood of 100,000—as a sign the economy is surging just in time to help Barack Obama. My take is a bit more pessimistic, though not quite demoralizing.

Noam Scheiber — “The New Jobs Number: OK For Obama, Less So For the Country”