One brief comment on the jobs numbers. The net addition of 216,000 jobs, from the so-called payroll survey, is respectable. But the "household survey" reports roughly the same number of unemployed Americans: 13.5 million. You can't tell a lot from…

One brief comment on the jobs numbers. The net addition of 216,000 jobs, from the so-called payroll survey, is respectable. But the "household survey" reports roughly the same number of unemployed Americans: 13.5 million. You can't tell a lot from…

February's 192,000 net new jobs breaks down into 222,000 jobs added in the private sector, 30,000 jobs dropped by government. This provides evidence for one side of the economic policy debate of the moment, you could even say "of…