Here is the thing to remember about every jobs report from the Bureau of Labor Statistics:
You have to wait for the revisions.
Remember, the monthly jobs report is a scientific survey of households and employers. That doesn’t mean it’s inaccurate, but for any given survey, there are ways to improve the accuracy and reach a higher degree of precision. Month after month, this is what the BLS does—it tests and adjusts, in order to get the most accurate account of the where the economy stands.
Just last year, Virginia Governor Bob McDonnell was touted as a top-tier candidate for national office. Successful and well-liked in the Commonwealth, he could sell conservatism as a reasonable, pragmatic approach to solving the nation’s problems.
During this morning’s press conference, President Obama got a question from ABC News’ Jonathan Karl on whether he still has “the juice” to get the rest of his agenda through Congress. Obama’s response came in two parts.
For the last few years, the Harvard Institute of Politics has been running detailed surveys of 18 to 29 year olds—the so-called “Millennial” generation—designed to uncover and describe their political beliefs. The latest survey, released this morning, shows a striking result—a growing number of young people are pessimistic about the quality and competence of our institutions, and skeptical that politics can solve problems.
Rand Paul’s unsuccessful speech at Howard University—where he tried, and failed, to paint the Republican Party as the true home for African American voters—didn’t happen in a vacuum. It drew from a heavily revisionist history of American politics, in which the GOP never wavered in its commitment to black rights, and the Democratic Party embraced its role as a haven for segregationists.