No amount of caulk will fix the cracks in the fantasy that the economy is getting better. The numbers are bad and they're really not improving.
“Jobless claims join many other indicators in suggesting that the official government payroll data have been overstating the degree of improvement in the labour market,” said Joshua Shapiro, chief US economist at MFR.
Ooops! Sorry, Mr. President, we hate to break it to you but no amount of talk on caulk will fix this mess.
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