Drudge Does Finance? Not Quite

www.fivethirtyeight.com/2009/08/economic-headlines-you-wont-see-on-The-Drudge-Reprt.html


-- Job losses slowed to 247,000, their lowest total since a year ago, beating expectations by roughly 100,000.
-- The unemployment rate actually *declined* to 9.4 percent from 9.5percent.
-- May and June job loss estimates have been revised *downward*.
-- Hourly earnings improved.
-- The average workweek lengthened, particularly in manufacturing.
-- The manufacturing sector added jobs on a seasonally-adjusted basis.
-- The NASDAQ will open today about 33 percent higher than when Obama took office.

Of course, not all of this accrues to Obama's credit. However, when I hear that Obama is "going to ruin the economy", I beg to differ.