Midknight Review, ahead of the reporting curve, tells us that 260,000 private sector jobs were created last week

Tomorrow is the day the Feds report on the previous week's new unemployed applications (for benefit assistance). That number has been under 400,000 for three consecutive weeks. Tomorrow's report may give us the lowest total (perhaps 380,000) in two years.

It is the holiday season and these numbers should be improving. The good news is that they are improving.

My prediction for tomorrow is based on the fact that the private sector created 260,000 jobs, last week, and small business is responsible for 110,000 of that number.

Do we credit Obama's stimulus? Well, his stimulus ran out of money nearly one year ago. No, this is the produce of the American Capitalist System and nothing less.