To: Ann Corrigan who wrote (1845 ) 1/12/2004 7:27:10 PM From: Lizzie Tudor Read Replies (1) | Respond to of 3079 Ann, this is much worse than the jobs crisis in the early 90s. Perot was absolutely right "giant sucking sound". The thing that irritates me is that instead of openly discussing the trade situation with the people, the republicans or at least this white house is trying to explain it away. And read the second post, it is interesting- they have having the same problem with jobs, and politicians trying to blame statistics - in AUSTRALIA!!! The western countries better figure out what to do about india and china. We are not winning in this. US: (conservatives trying to push a BS "household" employment number as validation that jobs are GROWING- imho this is mostly laid off folks trying to find work consulting)The household survey has shown strong employment growth — an increase of more than 2 million jobs between Nov. 2002 and Nov. 2003 (including a statistical adjustment last January). In the latest month it showed 138,603,000 jobs in the U.S. But the payroll survey has shown anemic job growth over the same period. nationalreview.com Australia:MICHAEL BLYTHE: If you a took a literal reading off the growth rate of the economy at the moment, given what we would expect from past experience, we think we're about 130,000 jobs short of where we should be at this stage of the cycle. REPORTER: There are 130,000 missing jobs. MICHAEL BLYTHE: That's right, certainly on a literal reading of the strength of the economy at the moment. REPORTER: How to explain it? Many employment analysts simply don't believe it.ANTHONY THOMPSON: I believe it is the employment figures that are being incorrect here. abc.net.au