Quarter-Million Jobs Lost In 1 Month, But Unemployment Rate Down

The badly damaged Obamaconomy shed about a quarter-million jobs in July, meaning a quarter-million more people are unemployed in July than were in June.  Yet the nation’s unemployment rate inched down one-tenth of one percent to 9.4%.

And the [state-run media] world rejoiced that magical Barack caused the Unemployment Rate to drop by 0.1% in a month when 250,000 less Americans had jobs. How can this be?

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Dead: John Hughes (59)

Filmmaker John Hughes, director of hits like Ferris Bueller’s Day Off and Sixteen Candles, is dead according to TMZ.

The site reports that Hughes died today of a heart attack during a trip to NYC.