Maybe the bulls are confident that the economic recovery that is proceeding apace will continue to create more jobs and raise the income of consumers.

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So employment is something that we're going to have a difficult time for the next several months, maybe through the end of this year, but I'm confident that we're taking the steps that are required to create these new jobs of the future.

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Google made the exodus inevitable by hiring bright, young and confident people who are all too likely to bolt at the chance to run their own show or maybe even start the next Google.

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Maybe the Obama campaign mavens drilled their candidate hard on not appearing smug or too self-confident.

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