Uh oh... INterests rates through the roof...

[Saurdaukar]

because the bond market is taking a hit.

And why is the bond market taking a hit?

Well... because job growth numbers came out this morning and they are far higher than anyone expected, thats why.  

http://moneycentral.msn.com/content/invest/extra/P79977.asp

Stocks soar after numbers exceed even wildest expectations. 'This is the report we've been waiting for,' one economist says. But a rate increase looks more likely now.

[Gunslinger]

See what you all dont realize is that this is COMPLETLY John Kerry's doing....while he was IN the senate he voted against raising taxes before voting for it....but in reality he wasnt raising taxes he was actually lowerINg them by raising them.  Everyone one knows that only the rich people got tax cuts from bush and they dont do anything but sit around on medicare collecting social security checks anyways.

Not to mention outsourcing....that has been the down fall of the economy....over 350,000 jobs have been outsourced over the last 3 years....That is such a HUGE chunk of our workforce that I dont thINk we can recover from

[Saurdaukar]

So, in short, Bush is Hitler.

[Gunslinger]

Pretty Much

Libral hand book page 5 para. 2

"when all else fails just tell the conservative that he is a fascist racist or a nazi"

[MrLars]

Originally posted by Saurdaukar

Well... because job growth numbers came out this morning and they are far higher than anyone expected, thats why.  

The numbers do look good, but....

Jobless workers are increasingly accepting part-time work. The number of people who worked part time for economic reasons rose to 4.7 million in March, up from 4.4 million the previous month.

http://www.msnbc.msn.com/id/4652107

The increase of over 300K part time jobs where they count each second,third job as individual new jobs AND the inclusion of 47K of the 72K from the ranks of the retail clerks returning after their strike makes me think that, although looking good on paper these jobs won't help much in the overall jobs picture.

I certanly hope it gets better but adding so few real jobs where the new hires get good benifits will have a long lasting effects that aren't desirable, IMO.