XPost: alt.politics.bush   
   From: garscosi@thisisatypo.pipeline.com   
      
   In article ,   
    "Sid9"  wrote:   
      
   > Promises, Promises   
   >   
   > By BOB HERBERT   
   >   
   > Published: February 16, 2004   
      
      
   > When the labor secretary, Elaine Chao, was questioned on CNN about the   
   > disappointing jobs report for January (112,000 jobs were created when   
   > 150,000 had been anticipated), she said: "Well, the stock market is, after   
   > all, the final arbiter. And the stock market was very strong this morning in   
   > reaction to the news that we have just received."   
      
      
      My understanding is that the market was up because the sluggish job   
   growth was read as a signal that a possible increase by the Federal   
   Reserve in interest rates would be less likely.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)