So the press is once again buying the Bush spin on jobs. Check out the first line of
this AP story:
The unemployment rate dropped to a five-year low of 4.4 percent in October as employers added 92,000 new jobs _ flashing a picture of a strong labor market as the midterm elections draw near.
Except that there is no picture of a "strong labor market." As everyone around here should know, the economy must grow 150,000 jobs per month to keep up with population growth. Anything less is a net loss.