Home Front Conventional Wisdom: Two weeks ago: "It's the economy again, stupid."

One week ago: "Yeah, but it's a jobless recovery."

This week:

A sudden improvement in the U.S. employment picture on Friday sent some economists scrambling to revise their views on when the Federal Reserve will raise interest rates . . . [T]he October payrolls report showed a 126,000 gain, more than double analysts' forecasts. Dramatic revisions to previous data showed three consecutive months of gains.

It's all Bush's . . . um . . . fault.