RECOVERY, OOPS, REPUBLICAN SUMMER, PART ONE

Well, the bad news continues to mount for the Obama administration. Economic adviser Romer leaves, she being the one that wrote the memo saying if the stimulus package passed, unemployment would level out at 8%. The Fed is expected tomorrow, Tuesday, to downgrade it’s assessment of our economy and it’s future. Freddie Mac announced today that it needs another $1.8 billion. We learned last week that we lost 131,000 jobs in July, and the losses for June and May were actuallly 97,000 more than previously reported. A rosy report on Medicare by it’s trustees was attacked by it’s chief actuary, saying costs had been deliberately understimated by 68%. A study of stimulus spending in Washington state showed that it cost $400,000 per job ‘created or saved’.  Retailers reported weak sales for July. New claims for unemployment rose  ”unexpectedly” ( there is THAT word again ) last week.

But, Marie, oops, I mean Michelle , had a great time on your dollar in Spain.

Recovery Summer, declared with great fanfare by Vice President Joe Biteme ( remember when he said we would see 500,000 jobs a month being created this year? ), is rapidly turning into Republican Summer. Just remember the number 60. Sixty. We’ll talk more later today.

RADIO NEWS – KIRBY IS BACK!

Well, kind of. There is much in the news I need to talk about and will post later this weekend. Have been on the road touring Western Washington and in DC. BUT THE BIG NEWS IS, STARTING MONDAY, I WILL BE ON DAVID BOZE’S SHOW EVERY MONDAY AT 4:45 PM AND I WILL BE AN ANALYST FOR KTTH’S ELECTION NIGHT COVERAGE FOR BOTH THE PRIMARY AND GENERAL. IT’S NOT FULL TIME, BUT IT’S SOMETHING. MORE LATER.