Robust economic activity for September. Not:
The U.S. economy lost 159,000 jobs in September, the worst since March 2003, the Labor Department reported Friday.
The economy has now lost 760,000 jobs this year, further evidence that the economy was in a recession even before the financial market crisis of the past few weeks.
Now that we've nationalized all the bad debts that investment banks and the rest of the gang created the past five years, I've got a fine solution.
We do what Sarah and John prescribe: Cut taxes.
If we cut those suckers to zero, especially for the upper brackets, we'll get this sorry-ass economy moving again. We're just not reducing taxes fast enough.
(Happily, the entertainment business is "recession proof". Everybody says so. And we believe that, right? Right?)