My Kind Of Town

On Friday, we reported this:

I have no idea who he is, but CNBC's reporter from the Chicago Board of Trade floor just reported that, as the disappointing payroll figures were released, there was "some chanting going on" which was "not very favorable to the incumbent."

Today, Paul Krugman clears it up.

When Friday's dismal job report was released, traders in the Chicago pit began chanting, "Kerry, Kerry." But apologists for President Bush's economic policies are frantically spinning the bad news. Here's a guide to their techniques.