Thursday, July 01, 2004

Boom!

...or bust?

Maybe George oughta have Laura back off that whole literacy thing, because people reading news like this...
...the Labor Department found a slight rise in the number of people who signed up for jobless benefits last week; economists had forecast a decrease in claims.

...the Institute for Supply Management said its manufacturing index declined to 61.1 in June, down from 62.8 in May. The new reading was somewhat lower than the 61.5 forecast by analysts.

...August crude oil futures surged $1.67, or 3 percent, to $38.72 a barrel.

...the Federal Reserve's move to raise rates by 0.25 percentage point — the first hike in four years
keep producing stories like this...
His other approval ratings are unimpressive...43 percent/54 percent on the economy (as the LA Times notes, essentially unchanged since their last poll in late March, despite the past several months of pretty good job growth).
...no matter how 'optimistic' he is.

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