I love the title of this article at The Wall Street Journal -
"A Jobs Sigh of Relief"
"A better stimulus plan: Have Congress adjourn until 2011" NOW THERE"S an IDEA!!!
...The news of a better job market couldn't have come at a better time politically given that Congress seems ready to waste more money on more government job creation. The same folks who planned the last stimulus now want to spend a few hundred billion on public works jobs, more aid to states, and another round job of jobless benefits. In some states, workers can now get paid for 18 months for not working. This will give many of them an incentive to postpone a job search even as their hiring prospects improve.
Meanwhile, the White House is thinking about paying home owners to weatherize their homes. Cash for caulkers, we suppose. Now, that'll put millions back to work.
The real message of the November report is that the job market is healing on its own, if Washington will simply let it happen. If Democrats want faster job creation by next November, they'll do nothing at all. Stop imposing new taxes on estates, payrolls, insurance, device makers, drug makers, small business, you name it. Start over on health care. Adjourn for the year, spend December with the family, come back in 2011. And watch Congress's approval rating rise. (Read the whole article at WSJ)
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