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

To: Skywatcher who wrote (3228)	2/18/2004 11:24:25 PM
From: Nicholas Thompson	Read Replies (3) \| Respond to of 173976

I keep seeing in the press and on the web that 2.2 million jobs have been lost since George the Lesser became president. It is actually more than double that number , possibly more than three times that amount ; and even this understates things. Many still existing jobs have been downgraded or made part-time. To get the full picture you have to note all those people who were in the work force at Dec. 2000 and are now for some reason out of the work force. This number is at least 3.5 million and could be as great as five million. These include discouraged workers who are not looking for work any more and so are not counted; people who are now students and are not counted; people who have wrangled a disability -this is up from 1.2 million new ones a year to 1.9 million new ones a year under George the Lesser and people who have had to retire early to avoid layoffs; as well as other smaller groups. So, if the current number of officially unemployed is around 7 million one has to add to that number about 4 million people at a minimum who are not counted as unemployed -see above- and several million people whose jobs have been reduced in pay. Thus, the current total of distressed workers must be at least 13 million; a number which appears to be about double what it was under 1999-2000 Clinton. (And this may still understate things since in normal times the work force grows by over 2 million a year and people's job's, on the average, become more, not less, financially rewarding especially as productivity goes up. (Is the latter problem due to off-shoring? a Bush approved policy.)....