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Politics : IMPEACH GRAY DAVIS! -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (1372)	10/3/2003 2:11:42 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 1641

I shall be most interested in seeing lizzie's response. :-)

To: Bill who wrote (1372)	10/3/2003 9:54:24 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 1641

This jobs report was better than I thought, and that is good for the market, but it doesn't change the fact that 30K more manufacturing jobs were lost. The jobs added were temp worker jobs, aka "McJobs". The LU and TLAB job loss, this is where all the highly paid engineers work, is considered "manufacturing". As are the massive job losses in IT, those are manufacturing. The analysts on the Bush shrill show Kudlow and Cramer are predicting, based on this "solid" report, at most 50K more jobs added per month in 04. "No return to the 200K/month job growth we had in the 90s". If this is all we get Bill, 50K jobs per month, especially if its only McJobs, that is not enough to keep up with attrition. And it certainly won't make a dent in this deficit. These are the kind of jobs you need to ADD to make a difference- Tellabs to Cut Another 10 Percent of Jobs biz.yahoo.com You far right cronies like Larry Kudlow remind me of people that bet on a losing stock, and get excited when it doesn't fall as far as the index on a specific day. Bush is that losing stock. I'm sure you know that not only are Bush's poll numbers pathetic on the economy but now his trustworthyness is in the toilet, the man is toast... this may also be good for the markets because we will have a relief rally when he is voted out I am sure. I have to admit I don't like the spin coming out of the WH on this report. They know these are mcJobs and we lost manufacturing and IT again, the high paying sectors. But they spin it like its good news, of course its better than LOSING 100K jobs but the jobs lost don't equal the jobs gained.