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The False Economic Growth...more jobs thingy. Bush touts more jobs

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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 12:29 PM
Original message
The False Economic Growth...more jobs thingy. Bush touts more jobs
What this guy is saying, the jobs are coming as a result of more money in the economy due to the tax cuts.

But what he is not saying the money is essentially borrowed money as we are running a defecit. Of course any economy can appear good if it has monies to spend. This is what happened to Ronald Reagan's Admins ... tax cuts and voila, growth. But after spending 3 Trillion dollars, the interest payments began to take notice and a recession followed.

This "Close the Barn Door after the Horses left" Bush is spending even worse. Even his Pubs are worried and are only now beginning to realize..... all is not well with the Shrub and those that surround him. Our National debt is over 7 Trillion$ and MOUNTING.

Compassionate Conservative??? Thats a JOKE. He is not spending money judiciously nor is he Compassionate to our Future Kids who will feel the burden of this Debt we are leaving them.

He is a JOKE if it wasn't so serious.
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ScreamingMeemie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 12:38 PM
Response to Original message
1. Tell that to Michigan....
:( He is a sad, sick joke. It's depressing. I work in the real estate appraisal field and the orders for foreclosures are unbelievable. Great job with the jobs, Bushco.
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 06:40 PM
Response to Reply #1
8. Bush is indeed a sad sick joke, not only on America but for the
future too. Our children will have to pay off his debts with THEIR monies.

He is a cruel and mean person, something this Nation can ill afford.
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DIKB Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 12:39 PM
Response to Original message
2. Have you . . .
been reading Doonesbury recently ? This past week was outrageous. We have now come up with Republican-Apologists desparately trying to shovel through all the sh*t that keeps flowing out of the mouth of their political messiah.

Hypocrisy and Apologies, I love it.
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DIKB Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 12:41 PM
Response to Reply #2
4. Link
http://www.doonesbury.com/strip/dailydose/index.html?uc_full_date=20040329

that kicked off the week.

On a sidenote, I wish they would explain how all the layoffs in the job section of the newspaper is a good thing.
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 06:30 PM
Response to Reply #4
6. The Pope is not a Catholic?? Too much.
Doonesbury is a National Treasure
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Killarney Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 12:40 PM
Response to Original message
3. Plus, 90% of the jobs were part time
300,000 of the 308,000 new jobs created were part-time jobs

Do you want fries with that?

and 71,000 of those were the Cali. grocery workers going back to work

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DIKB Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 12:42 PM
Response to Reply #3
5. priceless
classifying service jobs as manufacturing. I'm still amazed there wasn't a collective "WTF?!?!" from . . . well, the WORLD.
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 06:34 PM
Response to Reply #3
7. Reaching for straws, the Pubs are looking for any kind of numbers to beef
up their contention the economy is IMPROVING.

America knows better. People are starting to see they got HAD by the Pubs. Trust? Can we trust the Pubs? Not after they lied to us so blatantly with the SOTU speech telling us of the imminent threat by Iraq and how we were led into a unilateral war. Not after the WMDs were not found and that the information used was False and they knew it was.

Priceless? The Pubs should take a hard look at the Mirror. Hardly.
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snippy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-04-04 06:46 PM
Response to Reply #3
9. There was a little bit of deception in the BLS press release about that.
Typically, the BLS press release will compare the most recent monthly numbers to the numbers from the prior month. But this time the number of part time workers was described as follows:
In March, the number of persons who worked part time for economic reasons
increased to 4.7 million, about the same level as in January.

http://www.bls.gov/news.release/empsit.nr0.htm

ABOUT THE SAME LEVEL AS IN JANUARY? Why would anyone compare March numbers to January numbers? Why not compare March to February?

Because the number of people working part time increased by 296 thousand. http://www.bls.gov/news.release/empsit.t05.htm

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