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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: No Mo Mo who wrote (45277)	11/20/2008 2:53:19 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 149317

yeah you're right. That 3 million number was all over the news here in the 2002 timeframe but it was Seattle metro area, AND Silicon valley AND boston metro that lost 3 million jobs, or roughtly one million per region which is closer to correct. The SF bay area has about 7 million people but that does not include the additional millions in the monterrey county area, also considered part of the high tech worker area (the old "play misty" area). So really, you are pulling from a 9-10 million overall population area here, so job losses in excess of one million can be tolerated, but it is difficult, for sure. In the clinton era the US economy routinely created 300K job/mo or over 3 million jobs per year. So losing 3 million was really just one year of job growth. In this decade we have created only 1/6 of the jobs that we used to in the Clinton era, which is the real problem.