New World Disorder

The reactions to Friday’s jobs numbers are as scrambled as the current Washington debate on debt, deficit, spending, taxes and what Washington should do now.

For example, guess which one of these press release reaction statements is from Republican Eric Cantor and which is from Democrat Steny Hoyer:

Today’s jobs report is good news and shows some progress in the right direction with 236,000 new jobs added. While this is a positive development, we still have a long way to go. …We must ensure those looking for work have access to the skills and resources they need…

Today’s report from the Bureau of Labor Statistics signals the strength of our economic recovery, even in the face of uncertainty ….However, in order to ensure our recovery continues and further increases its pace, we must get our fiscal house in order…

The first one is Cantor’s, the second is Hoyer’s. My early sweep of Twitter since the numbers came out at 8:30am ET is that conservatives are a bit tied in knots over how to react to what is unambiguously good news for the country. One month does not a trend make, but for the next 30 days, Friday’s figures strengthen the President’s hand, at least a bit, in the current free form negotiations.

 

Related Topics: Analysis

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