Bush camp: Job losses a "myth"

[Ruffhowse]

Bush camp: Job losses a "myth"

http://www.salon.com/politics/war_room/

Expect to hear a lot about the "myth" during tonight's debate in Tempe.

At a Republican barbeque in Ohio Monday, Treasury Secretary John Snow said it was a "myth" that Bush will end his first term with a net loss in jobs. The budget surplus Bush inherited when he took office? That was a "mirage," Snow said.

The ill-timed comments play right into the Kerry campaign's frame for the debates: The president can't fix problems because he doesn't acknowledge that they exist. The Kerry campaign has already issued statements from both Kerry and John Edwards about the treasury secretary's snow job, and it may be Exhibit A in tonight's debate.

The truth -- courtesy of factcheck.org -- is this: Since Bush took office, the country has suffered a net loss of 585,000 jobs. It's a bad fact for the country, but a good one for the Kerry campaign. At virtually every campaign stop -- and you can be sure he'll say it again tonight -- Kerry notes that Bush will be the first president since Herbert Hoover to suffer a net loss in jobs.

[w4rma]

1. Sen. Kerry should note that the Great Depression started under President

Hoover after years of Republican majorities in Congress and many Republican Presidents. I think that fact is lost on alot of folks. I think they don't even know that he was a Repug.

Republican Presidents:
Warren G. Harding : 1921-1923
Calvin Coolidge : 1923-1929
Herbert C. Hoover : 1929-1933

[wishlist]

2. I was thinking that too- that many younger folks don't know about Hoover

Many don't realize that Hoover was a Republican in denial about the state of the economy at that time also.

[w4rma]

5. Yeah, that's another parallel. Hoover was in denial also.

…
Since 1930, the Hoover administration had seldom let a month go by without public announcements that the worst of the economic downturn was over. Such proclamations were invariably soon followed by more news of stock-market falls and rises in unemployment proving these assesments wrong. Hoover became the scapegoat for the Depression, and shanty towns of unemployed rising across the country became known as "Hooverville"s.
…
http://www.brainyencyclopedia.com/encyclopedia/h/he/herbert_hoover.html

[LynnTheDem]

3. I'm typeless...

:wow: :wow: :wow:

[hadrons]

4. and the Dow dipped below 10,000

[Richardson08]

14. The dow dipped below 10,000 because the price of oil went up in the pm

[central scrutinizer]

6. I am sure that will comfort

all of those mythically unemployed who have run out of their mythical unemployment benefits and no longer have their mythical health insurance and are living under a real honest-to-God concrete bridge somewhere.

[whistle]

7. Total bushit!!!!!

....Under GW Bush annual job creation has declined an average of -0.6% or about 1.5 million jobs in four years. Under Bill Clinton the average rate of job growth was +2.4% annually for a total of 22.71 million jobs in eight years. Bush has been a miserable failure on the economy for average working Americans because of not only net job losses, but the replacement of millions of high payed working Americans into lower paying jobs, part time jobs and marginal low benefit/no benefit jobs. Corporations and businesses have reaped record profits and tax breaks allowing the very wealthy to keep more of the profits they take. Almost none of these profits trickle down to low paid Americans and the record shows that few jobs have been created. The majority of the jobs that have been created have been due to the war, homeland security and government. Huge deficits means higher taxes for the middle class and to pay the tax breaks to the very rich.

[UCLA Dem]

8. wow. i think thats one of the most audacious things i've ever heard.

[Digit]

9. Everybody knows someone who is out of work...this will backfire, bigtime!

Some businesses are failing because they do not have people able to afford to purchase their goods or services.
It ain't no secret and they can't pretend it isn't so by just saying so.
It is so simple...if people don't have jobs, they will NOT have the money to go on vacations, to buy goodies, to go out to eat...on and on. Money trickles UP!

[UpInArms]

10. a picture is worth a thousand words

[TahitiNut]

18. Here's another picture.

Compared to the average job growth between 1953 and 2001, the Busholini Regime has been an absolute disaster for working people!




When we look at the actual monthly total employment figures, it becomes obvious that we're suffering from the most severe underemployment conditions in over 50 years!

[4dsc]

11. But rightie is stating more jobs have been created

Here's what rightie is telling the stupid and the ignorant: 3.7 million more people working now compared to January 2001

[onehandle]

12. good luck with that nt

[booksenkatz]

13. I'll make sure that my bank and bill collectors know that. nt

[struggle4progress]

15. That's the signpost up ahead - your next stop, the Twilight Zone. eom

[ProfessorGAC]

16. Snow Does It Again

Once again, Johnny Snow proves his knowledge of economics is well below that of my dog's. This guy was NOT a successful business man, is clueless on macroeconomics, and is also a hardhearted twit.

Hey! He hit the trifecta!
The Professor

[chaumont58]

17. "Who you gonna believe? Me or your lying eyes!"

This is so funny. When facts don't fit the program, just deny them. Thing is, freepers and ldotters will agree.