By Monica Crowley"Yesterday, the president touted the now-$862 billion economic “stimulus” on its one-year anniversary. He sung its praises to high heaven: “We have rescued this economy from the worst of this crisis. The American people are rebuilding a better future.”
With no help from him or his ludicrous, counterproductive “stimulus.”
Today we get word of two disturbing developments: 1. Initial claims for unemployment benefits jumped last week to an unexpected high, and this jump comes after the previous week’s jobless number was revised UPWARD. And 2. Inflation is starting to creep in, with the producer price index unexpectedly surging."
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