Friday, October 2, 2009

Jobs Reports is a Complete Disaster

Note to Government Officials: Your stimulus plan isn't working!!!!

What a joke--every piece of positive economic data is a result of immediate government intervention (i.e., cash for clunkers). Now, we have a situation that is terribly risky to our recovery. You see, there really isn't a lot more the government can do from here and if the numbers start heading south, then we're in a heap of trouble.

That's the problem when the government gets involved in what they think is a quick solution. Lawmakers are short-sighted, they have no vision. And, now, everyone of them is praying that the U.S. economy can turn around; but after this morning's horrible jobs print, it's not looking good.

More later.

Talk to you,

Todd M. Schoenberger, Managing Director
LandColt Trading, LLC

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