I like the the fact that they are trying to equate a rise in the stock market with an economic recovery, for which employment is always a "lagging indicator".
The stock market LOVES layoffs. This shows that companies are cutting costs, which Wall Street ADORES. Doesn't mean shit about the economy or employment prospects.
Consider too that the rise in the stock market is almost entirely due to government infusion of trillions of dollars into the financial markets. It has nothing to do with a sound economy and everything to do with government interference in the marketplace. So now, we're faced with:
1.) We don't recover, we can't raise money through debt offerings, we default, the world ends.
2.) We do recover (no idea how, we'll just call it the immaculate recovery) we're faced with a currency crisis due to said trillions sloshing around, interest rates shoot straight to the moon, we can no longer finance our debt payments, we default or the dollar fails, or both, the world ends.
Either way, at this point, we burn. Honestly, you'd be hard-pressed to find a better way to destroy an entire economy than by taking the steps the Obama administration has taken...