"Even assuming a resumption of the very modest increase rate in the Spring, employment is unlikely to reach 132 million by the end of the year. This compares to 132.4 million when Bush 'took' office four years ago, and 135.3 million promised last January (though by one interpretation of his mangled speech, he was really only promising 132.5 million). This would make Bush the first president since the great depression to record an absolute loss in total employment during his administration.

A recent AP-Ipsos poll reports 46% of Americans 'approve' of Bush's handling of the economy. Who are these people and what have they been smoking?"

[via Dave Pollard]