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April 08, 2004
Jobless claims
Posted by Jon Henke
Good economic news....
The number of Americans filing initial claims for jobless benefits fell to 328,000 last week, the lowest in more than three years, a government report showed. Question: How is Kerry going to campaign on this....."the economy is booming now.....so we should reverse the current economic policy"?
Presumably, he'll focus on the "lost jobs" - without mentioning the bubble - and the deficit - without mentioning that it was largely attributable to the recession. Still, I wonder how much traction he can get with that when the job situation is improving so rapidly.
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