The Labor Department reported this morning that American payrolls grew by 215,000 jobs and unemployment held steady at 5 percent. Today would be a great day for a good-economic-news White House PR offensive. For more on the baseless economic pessimism, see TAS economic editor Brian S. Wesbury’s column in the Wall Street Journal. Daniel Henninger makes similar, though more general, points about the White House’s failure to communicate effectively.
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