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

To: longnshort who wrote (267261)	1/6/2006 4:04:31 PM
From: Taro	Respond to of 1576881

No sweat. But it's a good one. And - most of my liberal friends (I've got a few) LOVED this joke and told me so. Our libs on this board have no such sense of humor. Rest assured they ignore this great joke. "Smearing campaign against our Ted and Hillary". LOL Taro

To: longnshort who wrote (267261)	1/7/2006 9:21:32 AM
From: Road Walker	Read Replies (2) \| Respond to of 1576881

January 7, 2006 Editorial An Anemic Jobs Recovery Responding to yesterday's government report showing paltry job creation in December, Treasury Secretary John Snow urged Americans not to overreact to one month's snapshot, but to focus on the bigger picture. But that picture is not so pretty. In 2005, the economy added about 2 million jobs. At this point in the last recovery, the yearly job-gain total was 3.5 million. The longer view is even uglier. Job growth in the current period is the worst by far of the four comparable economic upturns since the 1960's: 2.7 percent versus the 7.8 percent tallied in the weakest of those earlier recoveries. It's little wonder, then, that President Bush cherry-picked his way through the latest economic figures in his speech yesterday before the Economic Club of Chicago, rattling off numbers without context. The president's prescription - more tax cuts - has failed in the past to create a robust job market and is still not the right answer. For the past two years, average hourly wages and weekly salaries have been flat or falling. Americans' borrowing binge has masked the decline in earning power, but good jobs and rising wages are essential for widespread prosperity. Without them, economic growth has become increasingly concentrated among corporations, shareholders and the top 20 percent or so of earners. The holiday shopping season illustrates this situation: retailers that cater to lower- and middle-income shoppers, like Wal-Mart, Sears and Kohl's had disappointing results, while higher-end chains, like Neiman Marcus and Nordstrom, thrived. Copyright 2006The New York Times Company