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Politics : PRESIDENT GEORGE W. BUSH
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To: Gordon A. Langston who wrote (501175)11/30/2003 11:03:32 PM
From: Lizzie Tudor  Read Replies (6) of 769667
 
If it's the economy that's going to hurt Bush you had better hope the recovery is fleeting. I don't think the deficit and debt will carry the day.

How many professionals, age 30-45 (peak income years) do you know? I'm thinking of the people we used to call yuppies, MBAs and the like.

My feeling is that the unemployment rate in this group is running about 40%. If they are working, pay is way down from the 90s. This is across all industries... basically, every "desk job".

There are 6 million severely underemployed, these are engineers working at starbucks and service jobs. Then of course the 3 million jobs lost that the press harps on. Dice, the technical job site, used to have 300K jobs in the 90s and now has 25K. These are highly paid engineering positions, all gone.

The Bush economy is creating jobs finally... but no GOOD jobs. Only more starbucks and service industries. Engineering jobs are moving away and the management that goes with them until you get to my level which is managing groups of 30 minimum.

One common thread I notice around republicans who post on these stock boards is that very few are in touch with the professional labor force. They are usually retired. They take figures like the ridiculous 8% GDP at face value. If the republicans carry on at this pace, thinking the economy is going like gangbusters they are going to witness something of a shock to the system in 04. But it is deserved because a part of leadership is being in touch with your consitituency and those old cronies are CERTAINLY NOT.
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