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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (216579)1/31/2005 5:32:10 PM
From: RetiredNow  Read Replies (2) | Respond to of 1571068
 
So you think it's possible to employ everyone in the U.S.? What are you smoking? Some level of unemployment is a natural part of any economy. And yes, the economy is hitting on all cylinders. Pick up the paper and read. All the economic indicators are good.

The unemployment rate at 5.4% is decent when compared to historical figures and it's lower than in the first four years of the Clinton presidency. See for yourself: data.bls.gov

GDP is growing faster than at any time during the Clinton administration. This must just really bother you that Republican economic policies are more effective than Democratic ones.

GDP percent change based on current dollars
bea.doc.gov
1992 5.7
1993 5.0
1994 6.2
1995 4.6
1996 5.7
1997 6.2
1998 5.3
1999 6.0
2000 5.9
2001 3.2
2002 3.5
2003 4.9
2004 6.6



To: tejek who wrote (216579)1/31/2005 6:14:45 PM
From: SilentZ  Read Replies (1) | Respond to of 1571068
 
>With the unemployment rate over 5% even after we've been out of recession for two years?

Actually, normally the high 5 percent area is not bad... it's just that when the quality of the jobs are down and there are a lot of long-term unemployed, it's bad.

-Z


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