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


To: JakeStraw who wrote (490936)11/11/2003 4:06:25 PM
From: Lizzie Tudor  Respond to of 769670
 
I agree any administration would put a positive spin on their numbers.

But the difference with this administration is that there is no evidence in the real world that those numbers are close to accurate. It isn't just jobs, it is the GDP too. All you read about the GDP are various economists trying to explain how the Bush WH came up with 7.2%- military spending, one time this or that, etc. In other words "we don't really have 7.2% it is a statistical anomaly". Anybody in business could have told them that.

When the Clinton WH said something was happening in the economy, it seemed on the mark at least to me. I never questioned fed economic figures. Now I do.

BTW Larry Kudlow trying to find another employment metric to make things look better than they are (household employment) gives a clue as to what the WH is doing.