Friday’s jobs report demonstrates an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.
We’re still crawling out of the deep crater we fell into in 2008 and 2009. The percent of the working-age population now working or actively looking for work is higher than it was, but still near a 30-year low. But at least we’re crawling out.
A look at the day’s political happenings, including Mitt Romney apologizing to nearly half of America, Justice Scalia weighing in on abortion and gay rights, and the horrendous thing Rick Santorum wants to do to Big Bird.
The biggest election news this week won’t be who wins the presidential debate Wednesday night. It will be how many new jobs were created in September, announced Friday morning by the Bureau of Labor Statistics.