After reading about the massive job growth in July, it’s especially amusing to hear the Vice President talking about how strong the economy is today. A quick quote that sums up the disconnect between job growth that is 110,000 people fewer than population growth for the month and where the administration lives:
bq. I would have to conclude — and I think it’s a fair judgment — that the economy is back on track, is headed in the right direction.
Which direction is that? The stock market has fallen to a new low for the year, employment has no chance to reach the same level it was when Bush took office, and oil is at an all-time high with no sign of falling. Great direction.