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Old 06-06-2004, 08:10 AM   #14
Mavdog
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Default RE:They're happy in the WH today

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Originally posted by: LRB
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Originally posted by: Mavdog
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Originally posted by: LRB
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Originally posted by: dude1394
Great line by the WSJ and the pessimism of kerry.

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More good economic news, for everyone but the Bush-haters: The U.S. economy added some 248,000 jobs in May, according to government figures. The Associated Press reports:

Payrolls swelled by almost 1 million in the last three months alone, the Labor Department said Friday. Employment figures for March and April were revised up to reflect the addition of 353,000 and 346,000 jobs respectively.

On his campaign Web site, John Kerry promises to create 10 million new jobs during his four-year term as president. That's a rate of 625,000 every three months, or only 66% of the past three months' performance under President Bush. Can we really afford to elect someone who sets his sights so low?

lol. Talk about putting your virtual foot in your virtual mouth. [img]i/expressions/face-icon-small-wink.gif[/img]
the fact is that there are 1.2 million fewer jobs today than when Bush took office. While the past few months have been good for job growth, to merely examine that short term timeline is not an accurate measurement. If the economy continues adding jobs, Bush might see as many people working at the end of his term than were working when he took office, not a very strong record to say the least.
That would also make the goal that kerry set 10 Million times that which Bush accomplished. That's truly setting one's "sights"" high.
Considering that Bush inherited a horrible and slumping economy from Bill "I'd rather screw interns than work" Clinton.
I'm not sure what "horrible" economy means to you, but there were an annual avg of 2.5 Million jobs created in the prior eight years.
the contraction began several months into the Bush term BTW, and it would have occured no matter who was in office. that tho is just an excuse.

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Add on top of that the 9/11 attacks and the campaigns in Afaghanistan and Iraq, and I'd say that Bush has one hell of a record to stand on to have turned things around the way he has.
guess you haven't considered the impact of these expensive actions. The war juices the economy.

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Now he's got the economy growing great. The 1st few years of the next presidential term, no matter who is elected, will largely depend on the work done this term. But Kerry is stating that he can't even keep up the momentum that Bush has generated. What a loser. Bush comes in with crap and turns it into roses. Kerry wants to take roses and turn it into crappy roses.
the 3 month trend on job growth is now negative btw.
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