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


To: Road Walker who wrote (263386)12/5/2005 1:11:12 PM
From: tejek  Respond to of 1573622
 
I could point out that the economic numbers, especially the job numbers, aren't as good as the Bush people imagine. President Bush made an appearance in the Rose Garden to hail the latest jobs report, yet a gain of 215,000 jobs would have been considered nothing special - in fact, a bit subpar - during the Clinton years. And because the average workweek shrank a bit, the total number of hours worked actually fell last month.

Krugman also doesn't mention that it takes a minimum of 150K jobs per month to absorb the growth in the labor force. During all of 2005 with the exception of December, we have had only 5 months with employment growth at or above 150K........the two months prior to the current month total of 215K, employment growth was very small......somewhere around 20K-40K. And this is coming during the third year of this expansion......its a joke. Unemployment has never gotten below 5% even with the people who are being dropped from the totals because their unemployment checks have run out. And finally, the jobs being created are low paying ones. Its any wonder people don't think things are grand.

The only people benefiting from this expansion are Bush's constituency, the rich.......hence the buying of $500 Prada purses for 12 year olds. We are in an unending nightmare of spin and outright lies.........and it only took Americans 5 years to figure it out. Bush has added piles to the national debt......dismantled most of the good that Clinton had done.....and only now are people getting pissed.

I understand your frustration but one hardly knows what to do first. To make matters worse, here I am in a state that works and has not bought into Bush's policies, and we have a senator who is in lockstep with Bush. There is no need for the stances she is taking but she takes them in any case. So now the people have to convince the Dem. party to drop her and run someone else in her place next year. We shouldn't have to be focusing on a local race with all the problems in the nation.....and yet we do. The system really sucks!

ted