About that jobs market

From Jason Ma writing at Investor's Business Daily:

Manufacturers Slash Jobs, Inventories Ahead Of Cliff
Manufacturers are slashing jobs and inventories ahead of the year-end "fiscal cliff," in a fresh sign Monday the sector will keep teetering amid the ongoing policy uncertainty.

The Institute for Supply Management's manufacturing index fell to a three-year low of 49.5 in November from 51.7 in October, a surprise return to below the neutral 50 level after two months of expansion.

The indicator has been under that threshold for four of the last six months. The jobs gauge dropped to 48.4 in Nov. from 52.1, slipping into negative territory for the first time since September 2009. The inventories measure sank to 45 from 50.

This latest slowdown could show up in the Labor Department's November payroll report on Friday. Manufacturers added jobs in October but shed them in the two earlier months.

Ever notice that they always release the bad information in a big dump on Friday. The mainstream media ignores it over the weekend as this is not part of the weekend news cycle and very few news outlets will run with it on Monday because by then, it is 'old' news. I'm saying, let's hit that fiscal cliff running and yelling Geronimo all the way down to Wiemar Republic style inflation and beyond. Four years of pain but it will leave us better and stronger. Washington has been run by power-grabbing morons too long and we need an emetic of this nature to force us into a clean sweep -- get all of the bastards out of office, shackle the banksters and simplify the tax code. A National Consumption (sales) tax seems to be the way to go -- implement that and get rid of the IRS -- rich people consume more and buy more expensive items.