Friday, April 06, 2007

Jobs Better than Expected 

Or expected by whom? Well, this time, everyone. The job market is humming along - how much press will it get? At least CNN is covering it this time.

A few bullets:
- Average hourly wage up to $17.22
- Wages have increase 4% during the last 12 months
- 180,000 new jobs last month
- Unemployment is down to 4.4% (2.2% with a four year college degree; 2.5% if married with a family - Larry Kudlow)

These successes are due to smart fiscal policy and the Bush tax cuts - they stimulate investment which stimulates growth which stimulates the economy. National debt is being retired at a faster rate than expected.

Let's keep the tax cuts.