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05-07-2004
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#1 |
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Prostate Examiner
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face it, he'll win re-election
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05-07-2004
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#2 |
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Stay Out Of The Box
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He has a ways to go before he's in the black on jobs creation....
************************************************** ********** http://www.bacweb.org/journal/03_10/jobless.asp Is the U.S. economy growing? It depends on whom you ask. If you, or a member of your family, are among the millions of unemployed, chances are the answer would be a resounding NO! Instead of job growth, more than 3.2 million private sector jobs have disappeared since President Bush took office. This is the largest sustained loss of jobs since the Great Depression. On average, thats roughly 106,000 private sector jobs lost every month the worst under any president in 58 years. The number of unemployed workers has risen to over nine million, and the unemployment rate has jumped from 4 percent at the end of 2000 to 6.1 percent in September 2003. The rate would be much higher if the underemployed and those who have given up looking for work were included.
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05-07-2004
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#3 |
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Prostate Examiner
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Sare,
this article of March 10 is WRONG and was written prior to the last 2 job reports! 626,000 NEW JOBS has been created since the article was written... don't you love when politically motivated "ANALysts" are wrong on either side? ;-)))
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why dogs sniff each other butts? |
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05-07-2004
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#4 |
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Serge 3.2 million - 650,000 still equals a ton of people out of work.
He would have to create 600,000 new jobs every month for the next 4 months to catch up... and that is just to break even over a 4 year period. I will say though that the 650,000 number is good... will go reading to try to understand what is bringing it on (like maybe the low US dollar?) Alex
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05-07-2004
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#5 |
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Yeah, and they all work at Texaco stations. ;-)
Here comes the Fed, 1.2.3.
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05-07-2004
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#6 | |
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Prostate Examiner
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Quote:
;-))) blame it on Clinton ;_)
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05-07-2004
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#7 |
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Cramming 3 people in a Room to Attend Show
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Yawn.
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05-07-2004
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#8 |
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The bottom line is the bubble burst that happened in early 2000 was going to happen no matter who took the office. And Sept 2001 was going to happen no matter who took office. Despite this, Bush has really done a great job with the economy (keeping the dollar low, interests rates low, etc. see the positive effects now). That doesn't mean I am going to vote for his Pro-Religious ass. But, nonetheless, good job on the economy given the circumstances.
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05-07-2004
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#9 | |
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Underboss
Join Date: Dec 2003
Posts: 137
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Quote:
Your probably correct on the re-election speculation. Too bad the options for either party pretty much suck :angry: |
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05-07-2004
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#10 | |
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Quote:
Taking interest rates to pretty much a record low (1%?) has certain effects on the economy, but as has been seen in japan, low interest rates alone will not save an economy for long. When you go to that well to often, it runs dry (at 1%, there isn't much lower to go before you put banks into trouble!). It will be interesting to see the results when interest rates rise back up to a more normal 4 or 5 %... yes, under the circumstances, and given the short term nature of political decisions, Bush has dne okay. My question is how many of those circumstances did he create himself? Alex
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05-07-2004
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#11 | |
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Prostate Examiner
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Quote:
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05-07-2004
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Cramming 3 people in a Room to Attend Show
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