Payroll

... I was worked up into a bearish frenzie last night...

We are down 2 million jobs(or soon will be). we need 100K jobs per month just to keep up. On the positive note all those worthless babyboomers will be on the decline for the next 20 years... I'd say retire, but unfortunately they don't get to.

that is 3 million jobs we are in deficit, What ever industry becomes the next great bubble, will need to pick up a significant amount of those jobs and have new jobs every quarter.

Obama talks about creating 3 million jobs... when by the end of the first year he needs to create 4....

It's daunting.

but on a bright side one would hope that most the people fired were fired before Thanksgiving, but with as grim as retail was, not only didn't they higher, they will be letting people go, and closing some stores.