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


To: DuckTapeSunroof who wrote (422520)7/3/2003 11:48:06 AM
From: JakeStraw  Read Replies (1) | Respond to of 769670
 
Message 19082671



To: DuckTapeSunroof who wrote (422520)7/3/2003 12:00:16 PM
From: DavesM  Read Replies (3) | Respond to of 769670
 
Buddy,

I wouldn't take this line of logic too far. Since President Bush inherited: a market crash (from a bubble top, the magnitude of 1929), an electricity crisis effecting a large section of the country, and a recession. Throw in 911, and his Administration looks more like FDR's. What would that make President Clinton's?



To: DuckTapeSunroof who wrote (422520)7/3/2003 12:55:23 PM
From: American Spirit  Respond to of 769670
 
Jobless Rate at 9-Year High; (* Judge Bush on his performance)
By Caren Bohan

WASHINGTON (Reuters) - The U.S. jobless rate surged to a 9-year high in June as employers cut 30,000 workers from their payrolls, the government said on Thursday in an unexpectedly gloomy report on the economy.

But a separate measure of the services sector showed it expanded far more quickly than expected last month, to its highest level since September 2000.

The jobless rate hit 6.4 percent -- a much worse reading than the 6.2 percent projected by private economists. It was up three-tenths of a percentage point from May's 6.1 percent, to a level not reached since April 1994, the Labor Department (news - web sites) said.

"It's ugly on the surface and uglier when you look inside," said economist Stuart Hoffman of PNC Financial Services Group.

June marked the fifth straight month of job losses.