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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DizzyG who wrote (597755)7/30/2004 4:02:45 PM
From: ThirdEye  Respond to of 769670
 
You can count any of those factors you wish in your definition of recovery. But I wasn't intending to tout Clinton's record per se. In any "recovery," to be "creating" jobs, the rate of job growth has to exceed the normal rate of turnover in job loss/creation. Simple math. During this "recovery," it ain't happening, or at least isn't happening consistently enough to be meaningful. If 2.2M jobs have been lost in the past few years, then not only do we want those jobs back, but there's the normal growth of the working population to consider as well. It ain't happening.

As far as the job reports are concerned, it's no conspiracy. The numbers are there for anyone to figure out. There have been so many comments on the minute details of the job reports from mutual fund analysts, financial newsletters, financial media columnists, economists and the like that I'm surprised you haven't seen any. If the only thing you're paying attention to is the big number at the top (that's the only number Bush wants you to think about), you really should look further because it's your money at stake.



To: DizzyG who wrote (597755)7/30/2004 10:53:13 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 769670
 
No Dizzy. The 3% GDP growth last quarter is not excellent growth. It is less growth than we need just to maintain status quo in the number of jobs.