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Politics : PRESIDENT GEORGE W. BUSH

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To: GROUND ZERO™ who wrote (643531)10/12/2004 10:57:35 PM
From: Mr. Palau  Read Replies (1) of 769670
 
"The ad also misleads when it says Bush's tax cuts "helped . . . create nearly 2 million jobs."  It is true that the economy has re-gained 1.9 million jobs since the very bottom of the job slump in August of 2003, as we reported  when Bush used this number during the second presidential debate.  But according to the Bureau of Labor Statistics, that still leaves the Bush administration with a loss of 585,000 jobs. And that's giving Bush credit in advance for an annual "benchmark revision" that won't be published until next February, when the BLS expects to revise the 2004 employment numbers upward by an estimated 236,000."
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