Rick Santelli smacks down Steve Liesman on economic data and unemployment

Steve IMO is smoking the CNBC Treasury Hopium. Rickster nails it, and Steve is arguing SEMANTICS!! Emergency UE, Extended EU, it is what it is Steve! over 3 million on extended EMERGENCY UE bens that don’t get reported on the top line UE data…..THE ECONOMY IS NOT ‘GOOD’ (note the REAL economy, not just markets), NOT RECOVERING, NOT PRODUCING JOBS, PERIOD.

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December 11, 2009. Tags: , , , , , , , . Economy, Finance, Obama Administration, Politics, Popular Culture, Unemployment Statistics, Wall St. 2 comments.

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