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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (32818)12/16/2003 1:27:12 AM
From: lurqer  Read Replies (1) | Respond to of 89467
 
How's it flowing?

news.ft.com

from les

lurqer



To: Jim Willie CB who wrote (32818)12/18/2003 11:48:58 PM
From: stockman_scott  Read Replies (1) | Respond to of 89467
 
Wesley Clark says jobs aren't coming back

salon.com

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By MIKE RECHT

Dec. 18, 2003 | BERLIN, N.H. (AP) -- Democratic presidential hopeful Wesley Clark said Thursday that even though the economy appears to be getting back on track, jobs aren't coming with it and President Bush doesn't appear to know how to fix the problem.

As Clark criticized the Bush administration for lacking a program to create jobs, the Labor Department reported that new claims for unemployment benefits fell sharply last week and reached their lowest level since Nov. 1.

"I keep hearing about recovery," Clark said during an interview with radio station WMOU. "You don't see the signs of recovery. People are very concerned with holding onto their jobs and keeping their lives together."

While visiting a Main Street restaurant, Clark told patrons the country has lost manufacturing jobs for 40 consecutive months. Berlin relies for jobs almost exclusively from two paper and pulp mills that have been in and out of bankruptcy recently.

"The only way to increase profits is to fire people," Clark said of the business mentality. "That's what's happening. Some of the jobs will never come back." He said he would "re-employ America" by pumping $100 billion into the economy.

The Labor Department report that new applications for jobless benefits had declined by a seasonally adjusted 22,000 to 353,000 -- a drop much larger than economists had expected -- was another sign the struggling labor market is recovering. Analysts say it likely will be the last sector to fully heal.