Thursday, September 23, 2010

Unexpected! Jobless Claims Rise Again

It's like a running gag now. Any time things look bleak for Obama and his merry band of idiots it's unexpected. The media are apparently the last ones to realize how stupid they look every time they call job losses and upticks in unemployment unexpected.
Weaker-than-expected economic data boosted U.S. government securities prices on Thursday and seemed to increase the likelihood the Federal Reserve would buy debt to aid the economy.

An unexpected rise in new U.S. jobless claims and overnight reports showing a slower pace of growth in the euro zone's services and manufacturing sectors boosted demand for safe-haven government debt.
The news was also unexpected here, here and here.

The rest of us don't see any of this as unexpected. What else should we expect with Democrats in charge?

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