The “News” – It’s like there is no memory

It was just 2 days ago we got this headline:

Dow Closes Up 249 Points on Jobs News
Encouraging employment news and hopes that Europe’s debt crisis may ease, boosted the major indexes on Wednesday.

And today?

Economy Added Fewer Jobs Than Expected in November

ps – here’s a great quote of the day…..

The commission’s plan claims to balance the budget (by 2035) by relying far more on spending cuts than tax increases — but it does so by assuming a phony “baseline”: That is, it takes as its starting point a fantasy world where the Bush tax cuts lapse, but Washington still spends according to the programs passed by President Obama and the Democratic Congress over the last two years.