Looking for a reason to be gloomy about the economy? Really looking? New York Times economics reporter Louis Uchitelle has just the thing to get you frowning.* Looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a reason to be gloomy about the economy? Really looking? New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times economics reporter Louis Uchitelle has just the thing to get you frowning. He tries to debunk de·bunk tr.v. de·bunked, de·bunk·ing, de·bunks To expose or ridicule the falseness, sham, or exaggerated claims of: debunk a supposed miracle drug. the idea that the economy has been creating about 200,000 new jobs each month. After his debunking de·bunk tr.v. de·bunked, de·bunk·ing, de·bunks To expose or ridicule the falseness, sham, or exaggerated claims of: debunk a supposed miracle drug. , it turns out that the claim is, well, true. But the numbers allegedly conceal a problem. The pace of new hiring has not been very fast; the reason that the numbers look good is that fewer people are being fired, or quitting their jobs. This might not look like bad news to most people. Most people might even prefer keeping their jobs to losing them and getting hired by someone else. But in the market for bad news, you have to take what you can get. This economy isn't good at generating such news. |
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