If jobs keep picking back up at this pace, the unemployment rate will be rapidly heading down to pre-crisis levels.
In other news, Mitt Romney accepted the endorsement of Donald Trump on stage in Las Vegas yesterday. This had two effects. 1) It got people talking about something other than whether Romney cares about poor people. 2) It potentially saddles Romney with all of Trump's baggage.
News You May Need:
WP: Is Israel Preparing To Attack Iran? This from David Ignatius is by far the most important story of the week.
WSJ: Komen drops plan to cancel its grant to Planned Parenthood.
NYT: SEC isn't exactly punishing the largest U.S. banks.
The Day's Reads:
Ronald Brownstein: Obama's electoral map just got harder to draw.
Nate Silver: On the relationship of job-growth and presidential electoral politics.
Jonah Goldberg: Romney will owe conservatives.
Martin Wolf: End this masochistic economic policymaking.
This Day In Politics:
On February 3rd 1988, The U.S. House of Representatives rejected President Ronald Reagan's request for at least $36.25 million in aid to the Nicaraguan Contras.
Tweet Of The Day:
From Business Insider's own Joe Weisenthal on the impressive jobs report.
What's Next:
The Nevada caucuses are tomorrow. Watch for how well Ron Paul does. And then watch a discussion as to whether Romney, the turnaround artist, can run a successful campaign against a president leading an economy that is turning around already.
Take care,
Michael
Michael Brendan Dougherty
Politics Editor
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