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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (386391)	4/5/2003 6:31:46 PM
From: CYBERKEN	Respond to of 769670

<<The loss of 465,000 jobs in February and March was aggravated by the calling up of 210,000 military reservists. Without the war, employers would probably not have cut employment as deeply, but they have also decided not to fill the positions with other workers.>> You don't suppose that generally-accepted practice of holding the jobs for the reservists has skewed the numbers, do you?

To: TigerPaw who wrote (386391)	4/5/2003 7:23:47 PM
From: Volsi Mimir	Read Replies (1) \| Respond to of 769670

"The outlook is rather grim," says Richard Yamarone, director of economic research at Argus Research Corp. in New York. "Employment has eroded, energy prices are soaring and business investment isn't likely to register any meaningful gain, given the lackluster projection for corporate profits." He cut his growth estimate for the first quarter to 1.4%, from 2% estimated a month ago. About three in four economists surveyed lowered their forecasts. Economists cited a number of reasons for their growing economic pessimism, but one issue stood out. When asked to name the major factor responsible for the economic malaise, 50% cited "war jitters," which many said have caused high levels of uncertainty among businesses and consumers. An additional 19% of respondents cited rising oil prices, which are partly associated with war fears... online.wsj.com He never paints with a rosey brush-- the last time I remember something positive he said was the ruling for independent research.....a perfect NY Times candidate...... win the war/relieve terrorism fixation....oil price stability.....get the whole tax cut...front load it...see what the economy does or in fact lower rate one more time........I don't have the answers-- I know time and cycles in history and the unfortunately lessons learned are forgotten in prosperity.