Labor Department: "Economy Not Actually In the Tank, Sorry for the Confusion"

The Labor Department's August jobs report, released a few weeks back, was the long sought after reed that pessimists, always and ever longing to discredit our current economic environment, so desperately wanted and needed to grasp. The MSM's pathological desire to bash the economy was drowning in a consistent flow of good news; they needed something to show it was all just the sham they knew (just knew) it really was. They had been forced to harp on the meaningless, flawed (and ultimately flat out wrong) savings rate, which was getting a little embarassing. Anyway the August jobs report came down like manna from heaven, and Boy-O did they relish it (and not just the media). I could almost hear the screams of exaltation from the NY Times newsroom 16 blocks to the north, "Aha! We got you now Chimpy the Tax Cutter. Fraud! Radical Supply-Side Charlatan! You have been exposed!"

Whoops. It was all wrong. That 6,000 job decline in August, um, er, was actually an 89,000 job increase. Sorry for the confusion old chap.