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Strategies & Market Trends : The New Economy and its Winners

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To: greenspirit who wrote (30770)	11/5/2006 11:05:43 AM
From: Lizzie Tudor	Read Replies (2) of 57684

yeah whats missing is we are not talking about the 96-00 period Michael, that was still the "Clinton economy" when we were creating 350K jobs/month. WIth an economy of this size we need to generate 18K jobs per year just to break even. data.bls.gov Jan 2001: 132471 "the Bush economy" Oct 2006: 135844 See the problem here Michael? The Bush economy created 3.3 million jobs in 5 years, or 56K jobs per month, about ONE THIRD of what we need just to handle population growth. In Comparison look at the early non-bubble Clinton years: Jan 1992: 108313 Jan 1996: 118192 The Clinton economy created 10 million jobs in 4 years.

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