NOYB wrote:
wrote in message
oups.com...
NOYB wrote:
"HarryKrause" wrote in message
...
NOYB wrote:
The economy is great. Unemployment is low, and GDP is up. The stock
market is undervalued IMHO. People got burned by the corporate
accounting scandals and irrational growth from the dot-coms and
IPO's...and turned to a safer investment: real estate. Real estate is
the new millenium's new stock market.
That's a crock.
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.
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.
Yeah, sure. Let's say that a certain person's worth five years ago was
$1 million. Because of poor investments, four years ago, your worth was
down to $500,000. This year your worth went up to $750,000. Following
your analogy, you actually gained! But, wait, look......there's a
$250,000 deficit, not including inflation, etc.
Fact: There are more people working today than in 2000.
Fact: U.S. unemployment rate in 2000 - 4%
U.S. unemployment rate in 2004 - 5%
Fact: There have been 23 straight months of net gains in the employment
numbers
Fact: Still a larger percentage of Americans without a job.
Fact: If you add up the net gains and the net losses each month since Bush
has been in office, you end up with a total net gain of almost 900,000 jobs.
Fact: And still fewer jobs than in 2000.
Fact: You're a dimwit
Fact: Childish name calling will give you SO much credibility.
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