The Big Picture blogger Barry Ritholtz has been engaging Cody Willard on todays unexpected low employment numbers. Willard says that Ritholtz's argument that the last couple of years have been a jobless recovery is wrong. But those are the details. It's Rithholtz's response that caught our attention.
Hey Cody, please cite me some data revealing this to be an above-average private sector jobs creation recovery. Hell, I'll take average.
You won't, because you cannot.
Cody is engaging in several analytical foibles, but the best way to describe it is "ignore reality."
As we say around DealBreaker HQ: "Kapow!"
NFP stinks -- and Some People Still Don't Get It [The Big Picture]