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Cavuto: Better isn’t Good

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  • Description

    FBN’s Neil Cavuto on why improved numbers for unemployment don’t mean the economy is back on track.

  • Duration 1:36
  • Date

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Transcript

This transcript is automatically generated

Well that want to get back today is not as bad news being good news thing we were doing at the top of the show because it's really bugging me and I and I think.

It has to be stressed here things are still bad and a lot of us are jumping for joy is simply because some of the economic numbers aren't as -- -- let me say it again.

Editor does -- mean still not bad in confusing numbers still does not mean inexcusable for this stage in a recovery numbers.

Take a job situation some heralding fewer Americans filing for weekly unemployment benefits but this Andrew this.

-- -- 65000.

Americans still did apply to those benefits.

That's just one week others celebrate unemployment no longer touching 10%.

As if that is reason to celebrate eight point 2% and navy be reporting only a hundred -- does a more private sector jobs last month.

So we're hoping the government the government picks up the slack and hired more last month retail sales remained -- also we celebrate at least some auto makers suvs cells and console so.

Homes that still aren't selling but at least home prices have stopped reply -- I could go on the one Bob.

You get the point.

This being grateful for better than expected news is pointless.

The mines were indeed right.

This is the sub humans -- in there in their final days they lose all sense of perspective before they.

They lose their minds.

Then the -- figured well you might as well -- lives pathetic losers.

Because the dirty little secret it is the mines and take in the peak of the jobs numbers.

In the mine empire and concluded.

It's over because it's.

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