Nate Silver at FiveThirtyEight summarizes the awesome economic good news today, and tells us that these are the headlines you won’t see at the DrudgeReport (because they are such good news for Democrats and the Obama Administration):
— Job losses slowed to 247,000, their lowest total since a year ago, beating expectations by roughly 100,000.
— The unemployment rate actually *declined* to 9.4 percent from 9.5 percent.
— May and June job loss estimates have been revised *downward*.
— Hourly earnings improved.
— The average workweek lengthened, particularly in manufacturing.
— The manufacturing sector added jobs on a seasonally-adjusted basis.
— The NASDAQ will open today about 33 percent higher than when Obama took office.