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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (9186)6/17/2004 11:17:04 AM
From: JakeStraw  Respond to of 90947
 
Another lie from American Spitup -

The truth - " The U.S. economy has lost just over 2% percent of the payroll jobs it was generating at the end of the longest boom in American history, which was already weakening in the final months of the Clinton administration. But it lost 3.1% of payroll jobs during the Reagan downturn, which is generally conceded to have been the worst since the Depression.

Most of the Bush job loss came in the months just after he took office, and especially in the wake of September 11, 2001 . The trend was almost flat starting in January, 2002, and turned upward in August.



To: American Spirit who wrote (9186)6/17/2004 11:19:26 AM
From: JakeStraw  Respond to of 90947
 
Some more truth for the lying, no life American Spitup -

"And Bush’s unemployment rate, even at its worst level of 6.4% in June, was much lower than the previous four spikes in the jobless rate: 9% in the Ford administration (May, 1975), 7.8% in the Carter administration (July, 1980), 10.8% in Ronald Reagan’s first term (November and December of 1982) and 7.8% in the administration of Bush’s father (June, 1992).



To: American Spirit who wrote (9186)6/17/2004 11:35:26 AM
From: DavesM  Read Replies (1) | Respond to of 90947
 
Big deal! Bush was the first President since FDR to inherit a true market crash and a resulting recession. Further, the employment numbers are beginning to turn. Currently the BLS, reports that 138,867,000 (138,772,000 seasonally adjusted) Americans are employed. In January 2001, the BLS reported 136,181,000 employed Americans (137,790,000 seasonally adjusted). Meaning more Americans were employed, working now, than in January 2001. In fact, there are more Americans on payrolls, working now, than in January 2001 (131,914,000 May 2004, 130,443,000 January 2001). It is when seasonal adjustments are made to the jobs numbers, that there are few jobs now than there were in January 2001. That may change by November, too.

re:"Bush has still lost more jobs than any prez since Herbert Hoover despite record deficit spending. With that deficit spending Bush could have just hired 20 million people. Instead, more than a million jobs lost and not likely to get into the black by November"