Bush Touts Economy; Jobless Rate Increases
Aug 03,2007 00:00 by Jake

President Bush is touting the economy while the jobless rate increases. This is typical of how much his handlers are keeping him away from the facts, a situation that continues to plague the United States.

Excerpt:

The news comes as President Bush has been trying to counter weak public-approval ratings for his handling of the economy. Only 37 percent approve of his performance, close to a record low, according to a recent AP-Ipsos poll.

The new employment picture was weaker than economists expected. They were forecasting employers to add around 135,000 jobs in July and for the unemployment rate to hold steady at 4.5 percent. The new figures suggest the jobs climate wasn't as robust as first thought at the start of the third quarter.