MEASLY 74,000 JOBS ADDED TO ECONOMY AS 350,000 MORE PEOPLE GIVE UP LOOKING FOR WORK

NO MATTER HOW THE OBAMUNISTS SPIN IT, THIS JOBS REPORT IS A DISASTER:

The US economy added just 74,000 jobs in December... ... The job creation figure, watched more closely as a sign of the health of the economy, was far less than the 197,000 analysts expected, and well below the trend for the past year......The household survey showed a significant fall in the size of the labor force, by 347,000, which combined with a 143,000 rise in the number of those with jobs, contributed to the sharp jobless rate fall.

JUST AS I PREDICTED.

AND IT'S GOING TO GET WORSE.

RETAIL PROFIT NUMBERS FOR CHRISTMAS WILL BE COMING SOON - AND THEY WILL BE ABOMINABLE.

AND THEN LAYOFFS WILL BEGIN.

AND THINGS WILL GET EVEN WORSE.

FASTER THAN ANYONE EXPECTS.

STAY TUNED...