Thursday, December 3, 2009

Has Gibbs seen tomorrow's unemployment report?

Lots of speculation today, triggered by White House Press Secretary Gibbs' remark that the unemployment rate might "tick up" tomorrow. Bob Stein, who works with Brian Wesbury now and at Treasury for four years prior, says "I highly doubt the White House has seen the data yet. I think they are just getting in front of a downside possibility, and making an unchanged jobless rate seem like a victory." Check out the link for a full explanation of why it is extremely unlikely that the White House has seen tomorrow's number.

3 comments:

W.E. Heasley said...

Thought the catch-phase for Robert Gibbs was: "When Gibbs Speaks No One Listens".

Scott Grannis said...

We now know that he had no idea what he was talking about. Which is not surprising.

Paul said...

Unemployment down a smidgen.
Must have been the jobs summit.