re: If the job growth continues...
If the job growth continues, and we get to a surplus in tax collections, that surplus will act to slow the economy in much the same way that greenspan's raising of Short Term borrowing rates would slow the economy...
When you factor in that Greenspan has been given a lot of grief for the last time he raised rates by people on the left and right, I don't think he will be to quick to raise them this time around.
the economy won't grow as fast in the 4th qtr, but expect the job growth to continue...
that's my prediction and I'm sticking to it...
Scott Evil