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Pastimes : CNBC -- critique.
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To: Lizzie Tudor who wrote (12538)11/8/2003 9:16:33 PM
From: Lazarus_Long   of 17683
 
George Bush is responsible for putting the entire world economy in a sort of fear inspired lock for about a year and a half starting in Spring 2002, based on his incessant warmongering especially in and around Asian countries which are huge customers of US goods- and in so doing he prolonged the recession in the US economy for months on end, which caused US companies to impose significant cuts in their workforces and infrastructure which will take years to rebuild.
OK. I want you to explain this phenomenon to me:

2000 4.0 4.1 4.0 3.8 4.1 4.0 4.1 4.1 4.0 3.9 4.0 3.9
2001 4.1 4.2 4.2 4.4 4.4 4.6 4.6 4.9 5.0 5.4 5.6 5.8
2002 5.6 5.6 5.7 5.9 5.8 5.8 5.8 5.8 5.7 5.8 5.9 6.0
2003 5.7 5.8 5.8 6.0 6.1 6.4 6.2 6.1 6.1

You should recognize those numbers; unemployment rates. You've seen them before.

Notice where the minimum is? APRIL 2000!

Who was President then? Bill Clinton. George Bush would not be nominated until August 2000. The election would not occur until November 2000. George Bush would not take office until January 2001. 911 was Septmeber 2001. The Iraq war was March 2003.

So why did unemployment start rising in April 2000?

I guess your polemic clears GWB of these charges:
During the last few months of every year companies hand out an increasing number of pink slips in an effort to trim costs and meet budget and profit goals.
Still, don't expect the job market to recover come January. "With factors like technology, outsourcing and consolidation working against job creation, any job-market rebound we see in the near future will be relatively small"

I'll comment on the rest later.
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