Was Harry Reid Predicting The Future?

Was Harry Reid predicting the future when he said it was a good day when only 36,000 people lost their job in a day. Was he predicting that things would actually be almost twice as bad?
From Yahoo and AP: The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months.
It's a sign that hiring remains weak and employers may be going back to cutting their staffs. Analysts say the increase suggests companies won't be adding enough workers in August to lower the 9.5 percent unemployment rate.
First-time claims for jobless benefits edged up by 2,000 to a seasonally adjusted 484,000, the Labor Department said Thursday. That's the highest total since February. Analysts had expected claims to fall.
Initial claims have now risen in three of the last four weeks and are close to their high point for the year of 490,000, reached in late January. The four-week average, which smooths volatility, soared by 14,250 to 473,500, also the highest since late February.
The report "represents a very adverse turn in the labor market, threatening income growth and consumer spending," Pierre Ellis, an economist at Decision Economics, wrote in a note to clients.
http://finance.yahoo.com/news/Jobs-picture-dims-as-apf-3180551258.html?x=0

You have to half brain dead if you think the stimulus that was championed by Harry Reid, President Obama, Shelly Berkley and Dina Titus has worked. It has not and now we are getting some of the worst job numbers at a time when we should be seeing the best job numbers.

We should be seeing improving employment because this is the home building season, road construction should be in full swing, it's vacation time and time to start buying things for school. But instead, the job numbers are getting worse and worse.

Maybe Harry Reid was right when he said this:


Maybe it is a good day when only 36,000 people lose their job. I wish that were true now and we were back in the good old days when Obama, Reid, Titus and Berkley weren't screwing up the economy. Right now, about 65,000 people are losing their job every day.