Not Good At All

The economy, and I don't mean the furshlugginer debt bill, just showed us that if we aren't headed for a double we aren't in for a recovery either, as consumer spending has just fallen for the first time in two years, probably because scared consumers are scared, and so paying down their credit cards instead of spending money.

And today, the Obama administration is announcing that they are pivoting to jobs, after going full out for a debt reduction deal that will slow the economy and cost jobs.

This isn't closing the barn door after the cow has gotten out, this is closing the barn door after you let the cow out, and shot it dead.