"Doug Kanter" wrote in message
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"NOYB" wrote in message
link.net...

"Doug Kanter" wrote in message
...

"NOYB" wrote in message
link.net...
Since June 2003, the economy has seen 27 straight months of net job
gains...yielding a *net* gain of 4,172,000 jobs over that same period.


In the last 18 months alone, we've added 3,533,000 jobs.

Since the election, we've added 1,837,000 jobs.

The unemployment rate stands at 4.9%...which is exactly where it was
prior to 9/11.

Unfortunately, Katrina will probably have a negative impact on the
numbers for the next few months.

http://tinyurl.com/dnb7a

These numbers are meaningless without information on how peoples'
incomes have changed as they take these "new" jobs.

Then I could argue that the numbers from the 90's are meaningless without
information on how many single-earner households became two income
households out of necessity during that time period. And how much the
second income earner's money contributed to a boost in GDP each year.



We know that YOU like to think
in terms of evil welfare recipients whose incomes are headed upward when
they get jobs. However, the grownup news has carried numerous stories
about people who were in the 50k-75k white collar category and had to
take nasty pay cuts in order to find ANY job in the area where they
preferred to live.


That's because you listen to those wacky liberal news stations like NPR.

Heh. Would you like whipped cream on that foot, as long as it's in your
mouth? Three weeks ago, our local NPR radio station interviewed two people
from the NYS department of labor. They were bemoaning the FACT that
although they can offer retraining to mid- and senior-level engineers who
will lose their jobs when Delphi (the auto parts maker) shuts its doors,
they know for a FACT that companies simply do not exist here which can
offer these people anywhere near the money they were making before. They
were talking about people going from 75k to 100k, down to 30k-40k. Not
funny when you're 45 years old and your first kid's going to college next
year.

Just because someone was earning $75-100k doesn't mean that they are
guaranteed that amount in the future.

Consider this:

Before you could look up the exact dealer cost of an automobile on
edmunds.com, car salesmen were all earning 6 figures. Now, they earn on
average one-third to one-half that.

The reality of a dynamic world has changed the profession. Consumers would
say for the better...and employees would say for the worse.





But, I guess that the DOL people who are actually interviewing displaced
workers have no idea what they were talking about, because they were
interviewed on an NPR affiliate station. Right?

In true NPR fashion, they interviewed only folks from one side of the
equation.

My brother just took an engineering job paying a lot more than he was
earning when Bush took office. NPR hasn't interviewed him though.





Try again, but with real data, this time. And, if you have some spare
time, take a course in statistics.

Real data? If I can't get the data from BLS, where am I supposed to get
it from?

The data is not real because it is not accompanied by missing numbers
required to give it meaning. It's as if I said to you "My friend lost all
her teeth by the time she was 40." It only tells you she lost her teeth.
You have no idea how.

In most cases, the "how" really doesn't matter. The fact is that she now
has no teeth, and needs a denture or implants to replace them.