"DSK" wrote in message
...
BUSH JOB LOSSES NEAR 3 MILLION: "Our economy is strong," President George
W. Bush declared on May 31, citing as evidence job growth during the past
two years and a 5.1 percent unemployment rate. What Bush didn't mention
was how many jobs have been lost in his entire four-year-plus tenure.
NOYB wrote:
Irrelevant. There's been a *NET GAIN* of nearly a million jobs while
he's been President...and almost 3 1/2 million in the last two years.
http://en.wikipedia.org/wiki/George_W._Bush#Economy
Is this just more Democrat propaganda, NOBBY? You'd think they'd have
mentioned a big number like this if it had any basis in fact, especially
if the economy gained more than 1 3/4 million jobs per month last November
& December.
The economy gained almost 3 million new jobs in the last 23 months. The
economy lost a little over 2 million in the first 20 months. That's a net
gain of around 900,000 new jobs.
At the time of the election, the October numbers weren't out yet either.
The net gain/loss when the election took place was roughly even. However,
in the last 8 months (Oct. 2004-May 2005) the economy added approximately
900,000 new jobs. That's why we stand at a net gain of 900,000 new jobs
since Bush took office in 2001.
That would be very impressive.
"After the last jobs report before the 2004 election was released, Kerry
supporters were quick to declare that Bush was the first American
president since Herbert Hoover to have a net loss of jobs during his term.
However, since Bush officially took office in January 2001, he still had
the November and December numbers to add to his total. By the time of his
second inauguration in January 2005, Bush ended up with a net gain of jobs
for his first term."
No wonder you guys all think President Bush has done such a GREAT job on
the economy... 1.75 million jobs per month! WOW!
You obviously don't understand the concept of *net* gains/losses.