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FBN’s Stuart Varney on this week’s jobs report and why the media and the White House are spinning the economic comeback.
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-- showing clear signs of slowing that is it is weakening from an already tepid expansion.
To describe this unfortunate trend the White House used the would encouraging.
You can tell this is an election year and Spain is in the -- so here's my take on the big economy number this week the jobs report.
I have no clue what the -- will say.
Job creation the unemployment right I do not know but I read what the pundits are saying -- that tells mail lost.
They say we will create a 175000.
New jobs and that they say will put us back on up positive trend -- That's in some -- good.
The White House says -- heading in the right direction.
Bill Clinton says things are getting better F walks America is okay with slow growth weak job creation massive debt no we are not.
I suspect was saying the rise of a new normal for our economy.
Is -- a vigorous growth and rising prosperity we -- told it to be content with mediocre.
Wrong forgive me for saying it that this is a -- reading of America let's be clear.
When that jobs report is released anything less than a quarter million new jobs will be bad.
Not good not OK and definitely not encouraging.
-- Completely agree with you and a statistic that we got breaking news in this in this -- or actually at home ownership in the United States dropping to 65% from 70%.
Any big futures changing statistics out there that are the bigger broader picture that do not look good for this economy -- not bode well for this recovery from.
There are going to use the good at looking numbers and the good looking statistics to point to recovery when it counts for -- The homeownership rate is down to 65 point 4% it was close to 70% a few years ago.
That was a social goal a worthy goal when we got that now with slipped all the way back again only real growth will restore back kind of prospect.
Big mine it.
The student led to.
