More jobs and increasing wealth resulting from the capitalist free market are incompatible with Marxist Thought. Because these seemingly happy statistics result from non-revolutionary thinking, they cannot be as good as they appear. The statistics are tainted by politically incorrect thinking. Feel free to ignore them, call them distortions and lies, or to question the timing of their release.NEWS ALERT
from The Wall Street Journal
March 9, 2007
The Labor Department said nonfarm payrolls increased 97,000 in February after growing an upwardly revised 146,000 in January and 226,000 in December. Last month's gain was the slowest since January 2005, as a steep drop in construction payrolls offset strength in the service sector. The unemployment rate slipped to 4.5%.
The surge in home ownership is even worse news. I question the timing of the Federal Reserve's leaking the news that the "net worth of U.S. households climbed to a record high in the final quarter of last year" and doubt the soundness of their conclusion that most of this increase in wealth resulted from gains on the "too risky" stock market. It just can't be. We need a New Direction - away from these disturbing trends.
Now to get my tongue out of my cheek.