Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Lizzie Tudor who wrote (31157)	11/7/2003 6:35:58 PM
From: laura_bush	Read Replies (4) of 89467

I wish I would have taped it. It was so unexpected to hear on CNBC someone that frank at 7:30 in the morning. He was the token Dem, which is astonishing in itself -- if you're familiar with CNBC at that hour of the morning. He was 4-way split screened for immediate "expert analysis" of the B(l)S unemployment report with three CNBC "types." Larry Kudlow, Steve Leitchman, the "liberal" reporter that they all harass, who is an MBA economist, no less; Mark Haines and the guest broker pimp. Mark Haines did the interviewing. "What do you think about this remarkable/wonderful/amazing/unexpected turnaround in JOB CREATION?" "It's bogus. This economy is not turning around." The more they reacted, the higher Stark turned up the temp and tempo of his responses. Gave stats on how many highly educated engineers, etc. Californians were unemployed for more than a year. Noted that other areas of the country were as bad or even worse off with the dying manufacturing employment sector. Noted that most of the "new" jobs that may or may not be accurately reported are in very low paying service and retail sectors. Kudlow, the snippy, snappish dry-drunk Rottweiler of the Reagan admin, kept trying to butt in by overtalking him and interruptiing ... he got out some BS about his "household employment" data and Stark REALLY lit into them then. Called Kudlow's obsession with his "'household employment" stat ... Kudlow is trying to coin that "new employment measure" as his own "invention," IMO. To help along the Bush Dept of Labor with some more "cheerful" stats. It was GREAT. Most memorable and enjoyable. <g> I'll send CNBC a note requesting a transcript, if necessary. I'd pay for it; it was so good. lb

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