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Originally posted by Sidd Finch
It's yesterday's news (and then some). What's your call for the jobs report? Serious question -- I'm wondering what effect the rise in interest rates will have.
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Tough call. The June numbers surprised me a little, but I think it was primarily due to the bad news in Iraq in Q2 and seasonality. Given the slow down in growth in Q2 (to 3.0% from 4+%, I think we will be lucky to crack 200K. 150K more likely.
New topic. Since you are so concerned with deficits, how will Kerry pay for the new spending he has proposed in this speech? The WSJ ran an article on Friday that crunches the numbers, and if they are right, it looks like the defecits will be even bigger under Kerry. Essentially, Kerry seems to think he can make up some ground on the deficit with the tax increase, but at the same time is proposing a good deal more spending.
