And once again, the initial claims numbers suck wet farts from dead pigeons, rising by 1000 to 427,000, as opposed to falling to 419,000 as forecast, though the 4-week moving average, the continuing, and extended claims all fell slightly.

This is not a glass half full, or too big a glass, this just sucks.

While Washington, DC is obsessing on making things good for the banks, which is what all this deficit cutting/austerity is really all about, this economy remains in the dump.