But I'm here to tell you there's strong reason to believe the Great American Jobs Machine is about to crank up yet again. In fact, there are seven strong reasons:
Tax cuts are reinforcing rising consumer income.
reinforcing consumer income? more like putting a band aid on a bullet wound.
Government spending is rising rapidly on defense and homeland security.
Interest rates are still very low, so credit’s cheap.
Corporate investment spending is beginning to recover.
The stock market is rebounding, restoring wealth and confidence.
Inventories are unusually low, so factories need to increase production just to meet demand.
And after several adverse shocks -- corporate scandals, Wall Street scandals, foreign wars -- it seems the worst is over.
reinforcing consumer income? more like putting a band aid on a bullet wound.
how is government spending more money on defense and homeland security going to stimulate the economy?
almost all those reasons are present tense or future. ie 'seems the worst is over'