Its the Economy Stupid

In a shrewd political move, President Bush backpedaled yesterday on a recent forecast made by the White House Council of Economic Advisers which predicted that the U.S. economy will add 2.6 million jobs this year. A wise decision considering the CEA's previous record. In 2003 the CEA predicted the economy would add between 1.7 million to 3 million new jobs. Unfortunately for America, in 2003 the nation actually lost 53,000 jobs. Now I wasn't a math major, but I am pretty sure that means they were off but just a bit.

In order for the Bush Administration to achieve these lofty goals set forth by its own economic advisers the economy will have to grow by 226,000 jobs per month for the next year.

For America's sake, I sincerely hope it does.