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-   -   OT - Bad news for the Democrats (https://www.boatbanter.com/asa/18886-ot-bad-news-democrats.html)

Simple Simon December 31st 03 08:42 PM

OT - Bad news for the Democrats
 
http://apnews.myway.com/article/20031231/D7VPESOO0.html

A tease:

" WASHINGTON (AP) - New claims for jobless benefits fell
last week to the lowest level in nearly three years, a sign that
America's businesses are feeling more confident that the
economic recovery is genuine.

The Labor Department reported Wednesday that new applications
filed for unemployment insurance dropped by a seasonally adjusted
15,000 to 339,000 for the week ending Dec. 27. Last week's drop
marked the third week in a row that claims went down and left
claims at their lowest level since Jan. 20, 2001 - President Bush's
inauguration day.

(In other words, the Bush tax cuts have reversed the damage
done during the Clinton administration where he raised taxes)

The latest snapshot of the labor market suggested that businesses
may be feeling less inclined to hand out pink slips to workers as
the economy shows signs of gaining traction.

S.Simon




Jonathan Ganz January 1st 04 02:32 AM

OT - Bad news for the Democrats
 
No, you idiot. That's good news for everyone! Unfortunately, it's
not enough good news for everyone.

"Simple Simon" wrote in message
...
http://apnews.myway.com/article/20031231/D7VPESOO0.html

A tease:

" WASHINGTON (AP) - New claims for jobless benefits fell
last week to the lowest level in nearly three years, a sign that
America's businesses are feeling more confident that the
economic recovery is genuine.

The Labor Department reported Wednesday that new applications
filed for unemployment insurance dropped by a seasonally adjusted
15,000 to 339,000 for the week ending Dec. 27. Last week's drop
marked the third week in a row that claims went down and left
claims at their lowest level since Jan. 20, 2001 - President Bush's
inauguration day.

(In other words, the Bush tax cuts have reversed the damage
done during the Clinton administration where he raised taxes)

The latest snapshot of the labor market suggested that businesses
may be feeling less inclined to hand out pink slips to workers as
the economy shows signs of gaining traction.

S.Simon







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