Short lived boosts to the employment figures; Don’t be fooled by the hype

Gifting planes and tanks to Egypt, Superstorm Sandy, holiday season


Personal income is up. Well, let's see. In order avoid the unknown tax situation that would happen in 2013, major companies gave dividends and bonuses at the end of 2012. Then, too, it was the holiday season with temporary jobs in malls and retail establishments across the land. And there was the lavish amount of money spent on the election and the jobs generated by that extravaganza. Of course there were the extra jobs created by the rebuilding after Superstorm Sandy.
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