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kleinbl00  ·  2831 days ago  ·  link  ·    ·  parent  ·  post: Trump celebrates as US adds 235,000 jobs in administration's first full month

Jobs numbers are always corrected, and almost always corrected down. The Bush administration did it, the Clinton administration did it, the other Bush administration did it, the Obama administration did it. A good jobs report is good news and anyone who spins it any other way is a sourpuss.

The question is whether it can be sustained. The stock market has been running a nitrous oxide mix since the day after the election on the assumption that the Trump administration would basically eliminate regulation, which is a clear sign to make hay while the sun shines. Most market analysts are in the "we don't expect this to continue" camp, with the notable exception of Warren Buffet, who went big into trains back in 2009 and then you never heard of it again. Turns out it's made BH $22 billion.

And yes. Not all jobs are good jobs. but all jobs are better than no jobs.