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Analysis Good economic news something of a mirage
The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast.
Borrowing radio broadcaster Paul Harvey's signature saying: let's hear the rest of the story.
Some seemingly good economic numbers can be something of a mirage masking weaknesses in the national economy.
Let's take the unemployment rate, which dipped to 5 percent in April, from 5.1 percent in March. A closer look reveals that the decline in unemployment is not as good as it looks at first blush. The drop came as the number of people holding part-time jobs for...
AP News
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President calls Jennas wedding spectacular By Shealah Craighead (AP) President Bush spent months joking about being a father of the bride, but on Sunday he was downright wistful about giving his daughter Jenna away to her longtime bow. "Our little girl, Jenna, married a really good guy, Henry Hager," Bush said, standing next Mrs. Bush at an airport in Waco where he boarded Air Force One for his flight back to Washington. "The wedding was spectacular. It's just _ it's all we could have hoped for." Read More... NEW: Ramsey: Private Education and Charitable Giving
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