On the Economy

Conservatives would like you to remember that the economy is recovering.

Bob Herbert at the New York Times isn't so convinced. "The administration can spin its "recovery" any way it wants. But working families can't pay their bills with data about the gross domestic product. They need the income from steady employment. And when it comes to employment, the Bush administration has compiled the worst record since the Great Depression."

Herbert mentions that the job figures disguise the fact that millions aren't looking for work, and millions have moved from full time to part time work. So the situation is worse than it appears.

But, still, if the Stock Market goes up a little today (and I hope it does), conservatives will want you to take that as proof that the economy is recovering, and ignore all these niggling questions.