To: greenspirit who wrote (14751 ) 11/1/2003 11:16:14 AM From: Lizzie Tudor Respond to of 793647 Bush Administration’s tax cuts falling short in job creation The Bush Administration called the tax cut package, which took effect in July 2003, its “Jobs and Growth Plan.” The president’s economics staff, the Council of Economic Advisers (see background documents), projected that the plan would raise the level of growth enough to create 5.5 million jobs by the end of 2004—344,000 new jobs each month, starting in July 2003. Last month, September 2003, the jobs and growth plan fell 287,000 jobs short of the administration’s projection. The cumulative shortfall since July 2003—the amount by which the projected jobs exceeded actual job growth in August and September—is now 672,000. OK so Michael, here is the kind of misinformation the Bush WH puts out. And they are doing it again, with Snow projecting large job growth in the coming months. And before this is was the "jobs are a lagging indicator" from Chau. Last night I listened to about 10 economists discussing the GDP figures. Nobody predicted a strong jobs recovery. Nobody was in agreement with Snow's predictions, then. The most bearish was Templeton, who is predicting stagflation and a 40% decline on the dollar. The Morgan Stanley economist was about right in the middle, projecting flat jobs and decent growth. Here, I found a conservative chat board for you to read about the jobs picture. Free republic, isn't that conservative?When Mr Snow talks about job growth he is in-and-about the Federal Gov't and Civilian Agencies. Everything's just fine there. Maybe that's why there is no sense of urgency for this administration. Everone in their orbit is working, whats the problem? Come election day, these administration a**holes can also join the unemployment line. 209.157.64.200