What, no pom-poms and “rah-rah-econo-meh” from the usual suspects today?
Here’s why: Putting a positive spin on 7.3 percent unemployment is a fast track to beclownment no matter how cute the Left thinks its Obama cheerleader uniforms are.
We’re looking at downward revisions of June and July employment numbers and a 35-year low in workforce participation.
C’mon, give us an “O!”
As always, the White House whips out the pom-poms.
Chairman of the Council of Economic Advisers Jason Furman swears “the recovery has been durable in the face of several headwinds.”