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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (921)	2/8/2004 3:46:52 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 173976

First, Russert's excellent question (that Bush evaded): RUSSERT: The Bush-Cheney first three years, the unemployment rate has gone up 33 percent, there has been a loss of 2.2 million jobs. We've gone from a $281 billion surplus to a $521 billion deficit. The debt has gone from 5.7 trillion, to $7 trillion, up 23 percent. Based on that record, why should the American people rehire you as CEO? The exact increase in the U.S. debt under George W. Bush: $5,727,776,738,304.64 On Jan 20, 2001 (Bush takes office) $7,009,333,811,289.69 On Feb 5, 2004 (most recent update) So Bush has increased the debt by $1.28 Trillion. Just wait about 3 months and he will have reached your $1.5 Trillion number! Best to all. SOURCE: The U.S. Treasury! publicdebt.treas.gov

To: American Spirit who wrote (921)	2/8/2004 6:33:24 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 173976

American spirit, The urge to appease rubs deep in some, retreating from Iraq is a long term losing hand. The US dollar is dropping and that will help with jobs. The Hubris to expect that an American hammering nails is worth $25 a hour and a guy in China is worth 50 cents per hour. In fact they are both worth the same and in time the dollar shift will help as the Chinese/Asian currencies rise and US$ falls. The biggest problem with US jobs is disparate wages for the same job within the USA. A guy making cars get a total of $50/hour wages and perks. A guy doing a similar job gets $12-15 per hour in local work. So those auto jobs were the first to go, the first to be automated or lost to offshore car makers(or even on shore car makers with reasonable costs). Remember a bad job pays $6/hour. Another bad job pays $50/hour for the same level of workmanship. The first one is bad for the worker and the $50 one is bad for the other workers who have to buy the cars the $50 worker makes. So lets all join the union and all get $50 per hours, sure then $1 buck would equal 1 Yen. Unions want relative disparity. They want their guys on top of the heap. Recall the Australian state union method failed because all jobs got rated and the same job got the same wage nomatter where it was. Boy oh boy, the unions hated that. Bill