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

To: Kenneth E. Phillipps who wrote (620835)	9/9/2004 11:35:12 AM
From: Wayners	Respond to of 769670

You have numbers to back that up right which also show every other President's job numbers since 1930 right?

To: Kenneth E. Phillipps who wrote (620835)	9/9/2004 11:43:35 AM
From: Thomas A Watson	Read Replies (1) \| Respond to of 769670

poor poor kenneth, do you comprehend at all how stupid your comment reveals you to be. It is stunning.. ROTFLOL... Did you know Benedict Arnold was an amazing War hero over 4 years or so. He was severely wounded in an attack on Quebec. Benedict Arnold was 100 even 1000 times the hero of kerry was during his 4 months. But then Why did Arnold feel compelled to commit treason? Several factors contributed, including the trivial court-martial matter, the failure to win expected promotions, and a pressing need for money caused largely by debts incurred after marrying a beautiful younger woman. u-s-history.com Why did Kerry talk with the North Vietnamese in Paris while America was at war and Americans were being tortured by the North Vietnamese. ONLY KERRY could match Benedict Arnold's record of TREASON.

To: Kenneth E. Phillipps who wrote (620835)	9/9/2004 11:48:36 AM
From: Neocon	Respond to of 769670

That is totally bogus, as I keep having to point out, because the relevant figure is percentage, not the raw number. From that standpoint, job loss was a blip on the screen during this term.

To: Kenneth E. Phillipps who wrote (620835)	9/9/2004 12:01:12 PM
From: Emile Vidrine	Respond to of 769670

Not only did Bush have a net loss in jobs in four years, but the jobs the Republicans are creating are low paying jobs being filled mostly by the illegal immigrants Bush/Republicans allowed into the country in the last four years. Bush's Mexican immigration policy is designed to win Latino votes, not to improve Americ's economy. Whatever is necessary to win re-election, Bush will do!

To: Kenneth E. Phillipps who wrote (620835)	9/9/2004 12:22:03 PM
From: JakeStraw	Read Replies (1) \| Respond to of 769670

Great news for the U.S. Kenneth - Sharp Decline in Initial Jobless Claims

To: Kenneth E. Phillipps who wrote (620835)	9/9/2004 12:27:35 PM
From: JakeStraw	Read Replies (1) \| Respond to of 769670

George Bush As Herbert Hoover? Oh Come On! Liberal ad pushes a Democratic theme: exaggerate the severity of the economic downturn Summary In what it called the first salvo in a $10-million advertising campaign aimed at defeating President Bush, the liberal group Moveon.org released a TV ad it said would run in 16 cities in 10 states starting Thanksgiving week. The ad states that “George Bush is going to be the first president since Herbert Hoover to lead an economy that loses jobs. …Didn’t George Bush say his tax cuts would create jobs?” The ad is misleading on several counts. It falsely implies that tax cuts failed to create jobs, falsely implies that the economy is still losing jobs, and exaggerates the severity of an historically mild economic downturn. This has been a common theme among several Democratic candidates, who have not always gotten their facts straight (see 'related articles' below) Analysis The ad says Bush has lost 2 million jobs ‘so far,’ implying that more losses are coming. In fact, the economy has been gaining jobs since July, when the total decline in jobs since Bush took office hit nearly 2.6 million. That figure has now declined to 2.3 million and is predicted to keep shrinking in months to come. The ad’s central claim – that Bush will finish his term with the economy employing fewer people than when he took office – probably will turn out to be correct – but barely. Private economists are projecting that the economy will continue to gain jobs over the next year, according to Blue Chip Economic Indicators, a survey of private economic forecasters. The average forecast is for a gain of 146,000 jobs per month, which would leave Bush at the end of his term with an economy employing nearly 400,000 fewer workers than when he took office. On the other hand, the most optimistic private economists see the economy gaining enough jobs between now and the end of Bush's term to leave him with a gain. Ten of the 51 surveyed predicted an average gain of 213,000 jobs per month over the next year, which if continued through January 2004 would leave Bush more than half a million jobs to the good. That remains a minority view, however. Whether Bush gains or loses jobs during his tenure, the fact is that unemployment has been – compared to past downturns – relatively mild. In fact, the economy lost a smaller percentage of jobs in the Bush downturn than in seven of the ten previous downturns going back to 1945 when the federal government began keeping the statistics on total nonfarm employment. (see table) Job Slumps Since 1945 Date (m/y) Percent of jobs lost 2/01-8/03 2.0% 6/90-5/91 1.5% 7/81-12/82* 3.1% 3/80-7/80 1.3% 7/74-4/75* 2.8% 3/70-11/70 1.5% 4/60-2/61* 2.3% 4/57-6/58* 4.4% 7/5-8/54* 3.4% 9/48-10/49* 5.2% 2/45-9/45* 8.1% Source: Bureau of Labor Statistics Total Nonfarm Employment, Seasonally Adjusted *Indicates job losses exceeding most recent slump 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). Economists are virtually unanimous in saying that the tax cuts that have taken effect so far have created jobs. Federal Reserve Chairman Alan Greenspan, for example, said in a recent speech: “Economic activity perked up in late spring and then accelerated further this summer as tax cuts provided a substantial boost to the disposable incomes of households.” And when the Blue Chip asked economists why they had failed to predict the size of 126,000-job gain in October, the reason they gave more than any other was underestimating that consumers would spend such a large proportion of “additional after-tax income resulting from tax cuts.” Comparing the Bush economy to Hoover's Great Depression is just silly, and implying that tax cuts are not contributing to job growth deserves an "F" in Freshman economics. Sources Blue Chip Economic Indicators: Top Analysts’ Forecasts Of The U.S. Economic Outlook For The Year Ahead Vol. 28, No. 11, 10 Nov. 2003 Alan Greenspan, Chairman, Federal Reserve Board, Remarks at the Securities Industry Association annual meeting, Boca Raton , Florida Nov. 2003 Related Articles Kerry Makes Bogus Comparison to Great Depression He claims US suffers greatest job loss since the 30's, which is not true Gephardt TV Ad Misleads on Job Loss A Gephardt ad in Iowa says “George Bush has lost more jobs since any President since Herbert Hoover.” That’s not exactly true

To: Kenneth E. Phillipps who wrote (620835)	9/9/2004 1:27:48 PM
From: J. C. Dithers	Read Replies (1) \| Respond to of 769670

Among other misdeeds, you libel Herbert Hoover. Hoover had an exemplary record of public service. He was given the monumental responsibility of feeding war-ravaged Europe in the aftermath of WWI and performed heroically. He saved as many as 20,000,000 displaced men, women, and children from starvation. Do you think your life will count for as much as his? The Depression was a worldwide phenomenon that no one thought possible or could understand. FDR was IMO the greatest president of the last century, but he couldn't fix the Depression, nor could anyone else. Only WWII brought an end to the Depression. Don't count on them naming a dam after you. (A damn, maybe).