Tuesday, November 09, 2010


David Corn is twittering some event somewhere, and quotes Matthew Dowd saying this:

If econ. creates 150K jobs a month for the next two years, he loses.

The world is too complicated to make such predictions, but I think the underlying point is one that is lost on people, that "150K jobs a month" is not nearly enough job growth. So, yes, we can cheer monthly jobs reports that are >0 and find signs of hope in jobs reports that are at 150K, but this is still not enough. It has to be better than that for things to get better.