Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Oeconomicus who wrote (1947)	12/6/2003 1:06:14 PM
From: American Spirit	Read Replies (3) \| Respond to of 90947

Population growth puts 150,000 new potential workers per month in the market. The Bush "recovery" is jobless because it is not even keeping up with that rate despite the biggest deficit spending/tax cuts most for the rich stimulus in history. Compare top Clinton who added 22 million jobs despite spendng less and taxing more, thereby balancing the books and creating sound fiscal policy. The problem is that Bush never put any emphasis on creating, protecting jobs nor offering businesses any incentives to hire. He has also spent willy-nilly, from pork barrel projects to the unilateral war to slashing taxes for those who don't need it or even want it. The tax cuts for the rich have been a complete failure except to bolster the stock an real estate markets somewhat. The latter of course is propped up by mpossible to sustain ultra low interest rates. While we may still get some new jobs by next year, considering the hundreds of billions in deficit spending, each job will cost the Treasury something in the $500,000 range. Also, these "new" jobs are not good quality jobs, they're mostly in the service and lower wage area. We may even get a new wave of layoffs after the Christmas season.