01 June 2011

And Still, They Blather About the Deficit

ADP's private payroll report showed an increase of only 38,000 in May, which, when you consider the obvious cuts in state and local payrolls, and lord knows what in the non-profit sector, means that we are looking about a decline in the workforce if the federal numbers come close to matching this report.

Additionally, the Conference Board's consumer confidence report fell, and auto sales fell for all the major auto manufacturers.

And still the Democrats are buying into the Republican meme that our problem is the deficit.

To quote Robin Williams, "Shazbat!"

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