SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (1908)12/5/2003 12:18:56 PM
From: Oral Roberts  Respond to of 90947
 
Lets also not forget that 57K new jobs were created last month. That is job growth. Unemployment dropped under 6% also. This is a good report and shows the economy is in fact recovering something that is no doubt driving the Bush haters wild.



To: Oral Roberts who wrote (1908)12/5/2003 12:38:37 PM
From: Lizzie Tudor  Read Replies (4) | Respond to of 90947
 
they said it on CNBC. The whisper numbers were 240K jobs or so, which really is not a lot given where we are in this so called recovery.

which most everyone I know thought was nuts anyhow.

We need 150K jobs/month to "break even", John Snow has stated this consistently (yet more reason to think this guy is the dumbest treasury secretary we've ever had, Bob Rubin he IS NOT)... and we can't even come up with that. You thought 150K was nuts, I also think 150K is nuts, but if you watch Kudlow and Cramer you'll see a whole lot of supply side wallstreet people who are in a major state of denial as to the reality of free trade and how it isn't living up to the stated promise of "creating MORE high quality jobs". Of course a quick glance at Germany in the last 10 years could have told you that, I mean really.

The real issue is that even the 50K the created jobs are low pay service jobs, and professional white collar are still walking out the door. Time for some leadership on this issue.