Day By Day

Friday, April 07, 2006

The Economy Just Keeps Booming

In case you hadn't noticed, and a lot of people seem to be blind to the fact, the economy is BOOMING and has been for several years now.

The Financial Times reports:
The US economy generated 211,000 jobs in March, surpassing analysts expectations and adding to confidence that economic growth has remained robust....

Overall the average monthly job creation rate in the first quarter was 197,000 - comfortably above the 150,000 economists believe is necessary to absorb new workers entering the labour force.

The unemployment rate fell back to 4.7 per cent.

Read it here.

So at a time when the economy is performing at better than full employment, idiots are still chanting the mantra that immigrants are taking jobs away from Americans.

Faugh!



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