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Politics : PRESIDENT GEORGE W. BUSH

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To: puborectalis who wrote (641757)10/10/2004 12:42:18 AM
From: David Howe  Read Replies (1) of 769670
 
<< WHY HAS THIS PRESIDENT LOST JOBS OVER HIS TERM.? >>

Lots of reasons that have nothing to do with W:

1. The world has changed and foreign labor is cheaper and more available than ever before. Asia and India are in a major expansion and their labor forces are serious competition.
2. The 90's were a huge economic boom due to the technology revolution (ie. internet). Recessions ALWAYS follow boom times and the larger the boom, the larger the bust.
3. 9/11

These three things alone are reasons why ANY president would have overseen a loss of jobs in this time period.

Dave
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