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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (5619)	3/8/2004 1:26:52 AM
From: TopCat	Respond to of 81568

BRAVO! Offshoring of tech jobs has been going on for over 15 years now that I am aware of but the reasons you state are dead on. Excellent post. TC

To: Oeconomicus who wrote (5619)	3/8/2004 1:56:08 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 81568

1) that you've provided no empirical evidence that it is the HUMONGOUS economic problem you make it out to be; And you're about as smart as Larry Kudlow. Economists across the board- including the BRAIN DEAD Bush team- think the jobs report was TERRIBLE, and you think its peachy keen? Good luck with Dubyaflop in November- of course you know deep inside that he has no chance. Jobs and economy are the NUMBER ONE reelection issue. Long-Term Joblessness at 20-Year High reuters.com FOREX-Dollar drops vs euro on weak US jobs report forbes.com Greenback takes a pummeling as euro surges 2 percent - Taipei Times taipeitimes.com Jobs report bad news for Bush The numbers were doubly damaging because a survey of Wall Street analysts had projected a gain of 125,000 jobs last month, six times more than were actually produced. "This is a terrible number," said Sung Won Sohn, chief economist with Wells Fargo in Minneapolis. "The economic recovery is almost three years old, and the economy should be producing 200,000 to 300,000 jobs per month." Sung was among a number of economists who worried that the continuing failure of the expanding economy to add significant numbers of jobs could, before long, stop the economic growth itself. sacbee.com Free trade moves to front burner nola.com Weak jobs data shifting scrutiny to U.S. companies forbes.com

To: Oeconomicus who wrote (5619)	3/8/2004 2:08:44 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 81568

A little negotiation challenge for the BushCo brain dead economic team.... Of course we can always just flush the entire US manufacturing sector down the drain, no problemo UPDATE - China to keep yuan policy for "long time" BEIJING, March 8 (Reuters) - China's fixed currency policy will stay around for "a long time to come" and Chinese firms that bet on a yuan appreciation will end up paying a heavy price, the country's foreign exchange chief said. biz.yahoo.com

To: Oeconomicus who wrote (5619)	3/8/2004 2:12:14 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 81568

Will jobs surge too late for Bush? The "any month now" philosophy of job growth is surely cold comfort to America's 8 million unemployed -- a fifth of whom have been out of work for more than six months. It's also a big political problem for President Bush, for whom a few more months of anemic hiring could spell a change for his own job status as unemployment looms as a major issue in the November election. The government said Friday just 21,000 jobs had been created in February, far below expectations for a 125,000 increase and the latest in a string of disappointing job reports. John Challenger, head of outplacement firm Challenger, Gray & Christmas, said unprecedented and unrelenting productivity gains may allow employers to do without significant hiring for years to come. "The fact is, we are going to have to get used to slow job creation in this country," Challenger said. "While the politicians war over the number of jobs they expect to be created in the economy by the end of the year, the reality is that we will probably not see a true job market boom until the next economic cycle around 2008." money.cnn.com 2008! LOL.

To: Oeconomicus who wrote (5619)	3/8/2004 5:46:18 AM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 81568

This article says republicans no longer feel they will take North Carolina in November for Edward's senate seat, I agree. NC will not vote with Bush or republicans on trade matters. I know NC pretty well. Protectionist tilt worries GOP It is not the war in Iraq, strongly supported in a state known for patriots and warriors. The GOP worries about the sea change here on international trade created by job losses blamed on foreign competition. Edwards' lurch toward protectionism at the end of his presidential campaign reflects the Democratic Party abandoning its heritage of free trade. But it is Republicans who have trouble coping with the new reality. Republican politicians are chilled by a story making the rounds in the state's political circles. A delegation of North Carolina factory owners recently went to Washington to plead for relief from foreign competition. They returned complaining that the president's agents responded with the ''free trade'' mantra. Their verdict: They could no longer support Bush. North Carolina may be changing from a certain ''red'' state (carried by Bush with 56 percent in 2000) to a potential battleground with hopes for capturing Edwards' Senate seat diminishing. suntimes.com