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OT--Holy smokes! 308,000 new jobs in March!
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Businesses Add 308,000 Jobs in March
Friday, April 02, 2004 WASHINGTON - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. The latest report from the Labor Department offered comfort to President George W. Bush (search) as the jobs market - a hot political issue in the U.S. presidential campaign - finally made a decisive break to the upside. Non-farm payrolls climbed 308,000 in March, the Labor Department said, the biggest gain since April 2000 and well above the 103,000 rise expected on Wall Street. The unemployment rate ticked up to 5.7 percent from the two-year low of 5.6 percent seen in January and February. Upward revisions to January and February payrolls helped contribute to the positive tone of the report, which could fuel expectations that the Federal Reserve may be closer to raising overnight interest rates from their current 1958 low of 1 percent than had been thought. The March rise in payrolls reflected the resolution of a labor dispute at grocery stores in southern California that had idled 72,000 workers. The department said the return of those workers helped fuel a 47,000 increase in retail employment last month, but it did not quantify the impact. Economists had said the return of those workers would boost payrolls, but that the impact was hard to gauge because it was unclear how many temporary replacement workers were being let go. The report showed job gains were widespread across industries. While a long-hoped for rise in manufacturing employment did not appear, the department said factory payrolls were unchanged in March, finally breaking a string of 43 consecutive monthly declines. |
OT--Holy smokes! 308,000 new jobs in March!
The Labor Departmentreport released Friday showed widespread hiring in
industries across the economy at a time when President Bush re-election campaign, counting heavily on a pickup in hiring, jumped into high gear. For the first time in 44 months, the nation's factories did not shed jobs. But they weren't hiring either. March's figures show zero gains and losses for industries hammered by the economic downturn that began three years ago. The only sector losing jobs last month was information services, where companies cut about 1,000 jobs. Revisions to payrolls showed a stronger jobs market than previously thought. Companies added 205,000 jobs in January and February, instead of the 118,000 reported last month. ------------------------------------------------------------------------ January and February numbers revised upwards to 205,000. That's 7 straight months of increases in the non-farm payroll employment numbers...even if you're using the less-than-perfect Payroll Survey data rather than the Household Survey data. The economy has now added 513,000 jobs in the first quarter of 2004! |
OT--Holy smokes! 308,000 new jobs in March!
AND now for the REST of the story
"Companies add 308,000 jobs, but unemployment up" http://www.salon.com/news/wire/2004/...bs2/index.html NOYB wrote: The Labor Departmentreport released Friday showed widespread hiring in industries across the economy at a time when President Bush re-election campaign, counting heavily on a pickup in hiring, jumped into high gear. For the first time in 44 months, the nation's factories did not shed jobs. But they weren't hiring either. March's figures show zero gains and losses for industries hammered by the economic downturn that began three years ago. The only sector losing jobs last month was information services, where companies cut about 1,000 jobs. Revisions to payrolls showed a stronger jobs market than previously thought. Companies added 205,000 jobs in January and February, instead of the 118,000 reported last month. ------------------------------------------------------------------------ January and February numbers revised upwards to 205,000. That's 7 straight months of increases in the non-farm payroll employment numbers...even if you're using the less-than-perfect Payroll Survey data rather than the Household Survey data. The economy has now added 513,000 jobs in the first quarter of 2004! |
OT--Holy smokes! 308,000 new jobs in March!
"Harry Krause" wrote in message news:c3dhc2g=.e3173c7804238f91ecc7925a91375559@108 0916509.nulluser.com... NOYB wrote: Businesses Add 308,000 Jobs in March Friday, April 02, 2004 WASHINGTON - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. Do you even read what gets you excited before you post it? "The department said the end to the California grocery store dispute, which had idled 72,000 workers, boosted March payrolls by 10,000 to 20,000. The impact was muted because many of the returning employees displaced temporary hires." http://news.myway.com/top/article/id/63342|top|04-02-2004::10:05|reuters.html |
OT--Holy smokes! 308,000 new jobs in March!
"Harry Krause" wrote in message news:c3dhc2g=.e3173c7804238f91ecc7925a91375559@108 0916509.nulluser.com... NOYB wrote: Businesses Add 308,000 Jobs in March Friday, April 02, 2004 WASHINGTON - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. Do you even read what gets you excited before you post it? The latest report from the Labor Department offered comfort to President George W. Bush (search) as the jobs market - a hot political issue in the U.S. presidential campaign - finally made a decisive break to the upside. Non-farm payrolls climbed 308,000 in March, the Labor Department said, the biggest gain since April 2000 and well above the 103,000 rise expected on Wall Street. The unemployment rate ticked up to 5.7 percent from the two-year low of 5.6 percent seen in January and February. Unemployment rate is up - again. BLS calls it "no change". Upward revisions to January and February payrolls helped contribute to the positive tone of the report, which could fuel expectations that the Federal Reserve may be closer to raising overnight interest rates from their current 1958 low of 1 percent than had been thought. The March rise in payrolls reflected the resolution of a labor dispute at grocery stores in southern California that had idled 72,000 workers. The department said the return of those workers helped fuel a 47,000 increase in retail employment last month, but it did not quantify the impact. The rise in payrolls is due mostly to the return of 72,000 strikers? And you think that is a gain in jobs? 308k-72k=236,000 The rise in payrolls of 236,000 jobs is a pretty significant gain in jobs. Regardless, when those guys went on strike, it counted *against* employment numbers...and the Dems had no problem counting them among the "unemployed" at that time. Now that they're back to work, you guys say that they shouldn't count!?!? The economy has been expanding for over a year...and jobs have been increasing for 7 straight months. Half a million jobs have been gained this year. Spin all you want, but that's terricific economic news. |
OT--Holy smokes! 308,000 new jobs in March!
"Jim" wrote in message ... AND now for the REST of the story "Companies add 308,000 jobs, but unemployment up" Salon, eh? If you want the *REAL* story, go to the Bureau of Labor Statistics site: http://bls.gov/news.release/empsit.nr0.htm Nonfarm payroll employment increased by 308,000 in March, and the unemployment rate was about unchanged at 5.7 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll job growth was fairly widespread, as construction employment rose sharply and several major service-providing industries also added jobs. |
OT--Holy smokes! 308,000 new jobs in March!
"Joe" wrote in message ... "Harry Krause" wrote in message news:c3dhc2g=.e3173c7804238f91ecc7925a91375559@108 0916509.nulluser.com... NOYB wrote: Businesses Add 308,000 Jobs in March Friday, April 02, 2004 WASHINGTON - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. Do you even read what gets you excited before you post it? "The department said the end to the California grocery store dispute, which had idled 72,000 workers, boosted March payrolls by 10,000 to 20,000. The impact was muted because many of the returning employees displaced temporary hires." Harry won't reply to that post Joe. It screws up his "spin". |
OT--Holy smokes! 308,000 new jobs in March!
"NOYB" wrote in message ink.net... "Harry Krause" wrote in message news:c3dhc2g=.e3173c7804238f91ecc7925a91375559@108 0916509.nulluser.com... NOYB wrote: Businesses Add 308,000 Jobs in March Friday, April 02, 2004 WASHINGTON - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. Do you even read what gets you excited before you post it? The latest report from the Labor Department offered comfort to President George W. Bush (search) as the jobs market - a hot political issue in the U.S. presidential campaign - finally made a decisive break to the upside. Non-farm payrolls climbed 308,000 in March, the Labor Department said, the biggest gain since April 2000 and well above the 103,000 rise expected on Wall Street. The unemployment rate ticked up to 5.7 percent from the two-year low of 5.6 percent seen in January and February. Unemployment rate is up - again. BLS calls it "no change". Upward revisions to January and February payrolls helped contribute to the positive tone of the report, which could fuel expectations that the Federal Reserve may be closer to raising overnight interest rates from their current 1958 low of 1 percent than had been thought. The March rise in payrolls reflected the resolution of a labor dispute at grocery stores in southern California that had idled 72,000 workers. The department said the return of those workers helped fuel a 47,000 increase in retail employment last month, but it did not quantify the impact. The rise in payrolls is due mostly to the return of 72,000 strikers? And you think that is a gain in jobs? 308k-72k=236,000 The rise in payrolls of 236,000 jobs is a pretty significant gain in jobs. Regardless, when those guys went on strike, it counted *against* employment numbers...and the Dems had no problem counting them among the "unemployed" at that time. Now that they're back to work, you guys say that they shouldn't count!?!? The economy has been expanding for over a year...and jobs have been increasing for 7 straight months. Half a million jobs have been gained this year. Spin all you want, but that's terricific economic news. Kerry downplayed the unemployment rate when it was 5.6% saying that the number of jobs created was more important. I will guarantee that we can expect Mr. Waffle to change his tune now and concentrate on the unemployment rate. Flip-flop. Even at 5.7% it is still lower than the average rates in the '70's, '80's and 90's. An most economists don't put much faith in the numbers as they are now calculated. from http://money.cnn.com/2004/04/02/news...ex.htm?cnn=yes "While it would seem odd that the unemployment rate rose despite a jump in payrolls, the two numbers are generated by separate surveys. The unemployment rate comes from a survey of households, which found that 179,000 people entered the labor force in March, resulting in a higher unemployment rate. Still, most economists believe the survey of businesses, which is much broader, is a more accurate measure of the health of the labor market." |
OT--Holy smokes! 308,000 new jobs in March!
"The department said the end to the California grocery store dispute,
which had idled 72,000 workers, boosted March payrolls by 10,000 to 20,000. The impact was muted because many of the returning employees displaced temporary hires." Harry won't reply to that post Joe. It screws up his "spin". Allow me to cut 'n paste a thread from a golf forum (yes, golfers can get off topic on a variety of topics too).... Read what they say on this matter: Butch Ammon --------------------cut 'n paste--------------------------- Reuters is reporting that the great American job-creating machine is revving into high gear: WASHINGTON (Reuters) - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. The latest report from the Labor Department offered comfort to President Bush as the jobs market---a hot political issue in the U.S. presidential campaign--finally made a decisive break to the upside. Non-farm payrolls climbed 308,000 in March, the Labor Department said, the biggest gain since April 2000 and well above the 103,000 rise expected on Wall Street. http://www.nytimes.com/reuters/busin...y-jobs.html?hp This is great news for the United States. ================================= Yes, as I said on the other, related thread, now that the lagging indicator (jobs) of the reviving economy is beginning to show itself, this can only mean unmitigated disaster for John Kerry and his campaign. It shows that George W. Bush's tax cuts are working, that he has taken the right steps to help the economy recover. I can only imagine how wonderful the economy will be with FOUR MORE YEARS of George W. Bush's outstanding leadership! And I'm looking forward to finding out, as we WILL find out. :o) ================================== This is great news for patriotic Americans in general and for the golf industry in particular! -------------------end of cut 'n paste-------------------- |
OT--Holy smokes! 308,000 new jobs in March!
Butch Ammon wrote in message ... Harry won't reply to that post Joe. It screws up his "spin". Allow me to cut 'n paste a thread from a golf forum (yes, golfers can get off topic on a variety of topics too).... Read what they say on this matter: Butch Ammon Back already? Seems like you just left! How are things over at iboat or whatever? |
OT--Holy smokes! 308,000 new jobs in March!
Butch Ammon wrote:
"The department said the end to the California grocery store dispute, which had idled 72,000 workers, boosted March payrolls by 10,000 to 20,000. The impact was muted because many of the returning employees displaced temporary hires." Harry won't reply to that post Joe. It screws up his "spin". Allow me to cut 'n paste a thread from a golf forum (yes, golfers can get off topic on a variety of topics too).... Read what they say on this matter: Butch Ammon --------------------cut 'n paste--------------------------- Reuters is reporting that the great American job-creating machine is revving into high gear: WASHINGTON (Reuters) - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. The latest report from the Labor Department offered comfort to President Bush as the jobs market---a hot political issue in the U.S. presidential campaign--finally made a decisive break to the upside. Non-farm payrolls climbed 308,000 in March, the Labor Department said, the biggest gain since April 2000 and well above the 103,000 rise expected on Wall Street. http://www.nytimes.com/reuters/busin...y-jobs.html?hp This is great news for the United States. ================================= Yes, as I said on the other, related thread, now that the lagging indicator (jobs) of the reviving economy is beginning to show itself, this can only mean unmitigated disaster for John Kerry and his campaign. It shows that George W. Bush's tax cuts are working, that he has taken the right steps to help the economy recover. I can only imagine how wonderful the economy will be with FOUR MORE YEARS of George W. Bush's outstanding leadership! And I'm looking forward to finding out, as we WILL find out. :o) ================================== This For someone who keeps announcing he's gone, you're sure here a lot. |
OT--Holy smokes! 308,000 new jobs in March!
On Fri, 02 Apr 2004 19:23:11 GMT, "NOYB" wrote:
308k-72k=236,000 -3,000,000 + 236,000 = -2,764,000 G Bush = H Hoover bb |
OT--Holy smokes! 308,000 new jobs in March!
"jim--" wrote in message ... "While it would seem odd that the unemployment rate rose despite a jump in payrolls, the two numbers are generated by separate surveys. The unemployment rate comes from a survey of households, which found that 179,000 people entered the labor force in March, resulting in a higher unemployment rate. But Harry told us this on March 7th: "The fact is that virtually no one of consequence takes the "home survey" as a measure of employment or unemployment seriously, and that includes the BLS and Alan Greenspan." What's he saying now? |
OT--Holy smokes! 308,000 new jobs in March!
"bb" wrote in message ... On Fri, 02 Apr 2004 19:23:11 GMT, "NOYB" wrote: 308k-72k=236,000 -3,000,000 + 236,000 = -2,764,000 Bull**** numbers...even if you use the flawed Payroll Survey data. First 32 months of Bush's Presidency=-2.546 million jobs Last 7 months=+759,000 jobs So you're only off by about 1 million jobs. The economy needs to average a gain of 223,375 jobs per month (plus 1) from here on out for Bush's Presidency to show a net gain in jobs. Then what will your argument be? |
OT--Holy smokes! 308,000 new jobs in March!
NOYB wrote:
"bb" wrote in message ... On Fri, 02 Apr 2004 19:23:11 GMT, "NOYB" wrote: 308k-72k=236,000 -3,000,000 + 236,000 = -2,764,000 Bull**** numbers...even if you use the flawed Payroll Survey data. First 32 months of Bush's Presidency=-2.546 million jobs Last 7 months=+759,000 jobs So you're only off by about 1 million jobs. The economy needs to average a gain of 223,375 jobs per month (plus 1) from here on out for Bush's Presidency to show a net gain in jobs. Then what will your argument be? You're working really hard to rationalize this...it's fun to watch you shovel the bull****. |
OT--Holy smokes! 308,000 new jobs in March!
"Harry Krause" wrote in message ... NOYB wrote: "bb" wrote in message ... On Fri, 02 Apr 2004 19:23:11 GMT, "NOYB" wrote: 308k-72k=236,000 -3,000,000 + 236,000 = -2,764,000 Bull**** numbers...even if you use the flawed Payroll Survey data. First 32 months of Bush's Presidency=-2.546 million jobs Last 7 months=+759,000 jobs So you're only off by about 1 million jobs. The economy needs to average a gain of 223,375 jobs per month (plus 1) from here on out for Bush's Presidency to show a net gain in jobs. Then what will your argument be? You're working really hard to rationalize this...it's fun to watch you shovel the bull****. Hey! I already used that argument against *you*. Try to be a little more original next time. |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
Bush is behind about 3 1/2 years.
NOYB wrote: Businesses Add 308,000 Jobs in March Friday, April 02, 2004 WASHINGTON - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. The latest report from the Labor Department offered comfort to President George W. Bush (search) as the jobs market - a hot political issue in the U.S. presidential campaign - finally made a decisive break to the upside. Non-farm payrolls climbed 308,000 in March, the Labor Department said, the biggest gain since April 2000 and well above the 103,000 rise expected on Wall Street. The unemployment rate ticked up to 5.7 percent from the two-year low of 5.6 percent seen in January and February. Upward revisions to January and February payrolls helped contribute to the positive tone of the report, which could fuel expectations that the Federal Reserve may be closer to raising overnight interest rates from their current 1958 low of 1 percent than had been thought. The March rise in payrolls reflected the resolution of a labor dispute at grocery stores in southern California that had idled 72,000 workers. The department said the return of those workers helped fuel a 47,000 increase in retail employment last month, but it did not quantify the impact. Economists had said the return of those workers would boost payrolls, but that the impact was hard to gauge because it was unclear how many temporary replacement workers were being let go. The report showed job gains were widespread across industries. While a long-hoped for rise in manufacturing employment did not appear, the department said factory payrolls were unchanged in March, finally breaking a string of 43 consecutive monthly declines. |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
"Jim" wrote in message link.net... Bush is behind about 3 1/2 years. NOYB wrote: Businesses Add 308,000 Jobs in March Friday, April 02, 2004 WASHINGTON - U.S. employment rose last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed. The latest report from the Labor Department offered comfort to President George W. Bush (search) as the jobs market - a hot political issue in the U.S. presidential campaign - finally made a decisive break to the upside. Non-farm payrolls climbed 308,000 in March, the Labor Department said, the biggest gain since April 2000 and well above the 103,000 rise expected on Wall Street. The unemployment rate ticked up to 5.7 percent from the two-year low of 5.6 percent seen in January and February. Upward revisions to January and February payrolls helped contribute to the positive tone of the report, which could fuel expectations that the Federal Reserve may be closer to raising overnight interest rates from their current 1958 low of 1 percent than had been thought. The March rise in payrolls reflected the resolution of a labor dispute at grocery stores in southern California that had idled 72,000 workers. The department said the return of those workers helped fuel a 47,000 increase in retail employment last month, but it did not quantify the impact. Economists had said the return of those workers would boost payrolls, but that the impact was hard to gauge because it was unclear how many temporary replacement workers were being let go. The report showed job gains were widespread across industries. While a long-hoped for rise in manufacturing employment did not appear, the department said factory payrolls were unchanged in March, finally breaking a string of 43 consecutive monthly declines. Maybe in your mind, but in the minds of most Americans he is ahead in the polls. LOL!! |
OT--Holy smokes! 308,000 new jobs in March!
NOYB wrote: "bb" wrote in message ... On Fri, 02 Apr 2004 19:23:11 GMT, "NOYB" wrote: 308k-72k=236,000 -3,000,000 + 236,000 = -2,764,000 Bull**** numbers...even if you use the flawed Payroll Survey data. First 32 months of Bush's Presidency=-2.546 million jobs Last 7 months=+759,000 jobs So you're only off by about 1 million jobs. The economy needs to average a gain of 223,375 jobs per month (plus 1) from here on out for Bush's Presidency to show a net gain in jobs. Then what will your argument be? Seehttp://story.news.yahoo.com/news?tmpl=story&u=/ap/20040403/ap_on_bi_go_ec_fi/economy&cid=668&ncid=716 Extract The average monthly gain in jobs in the past eight months has been about 95,000 — far below the 150,000 to 200,000 jobs needed to absorb new entrants into the labor force, Sohn said. Like last month, the unemployment rate could rise in coming months as workers decide to resume their job searches. |
OT--Holy smokes! 308,000 new jobs in March!
"Jim" wrote in message ... NOYB wrote: "bb" wrote in message ... On Fri, 02 Apr 2004 19:23:11 GMT, "NOYB" wrote: 308k-72k=236,000 -3,000,000 + 236,000 = -2,764,000 Bull**** numbers...even if you use the flawed Payroll Survey data. First 32 months of Bush's Presidency=-2.546 million jobs Last 7 months=+759,000 jobs So you're only off by about 1 million jobs. The economy needs to average a gain of 223,375 jobs per month (plus 1) from here on out for Bush's Presidency to show a net gain in jobs. Then what will your argument be? Seehttp://story.news.yahoo.com/news?tmpl=story&u=/ap/20040403/ap_on_bi_go_ec _fi/economy&cid=668&ncid=716 Extract The average monthly gain in jobs in the past eight months has been about 95,000 — far below the 150,000 to 200,000 jobs needed to absorb new entrants into the labor force, Sohn said. Like last month, the unemployment rate could rise in coming months as workers decide to resume their job searches. You Dem's are pretty confused. Last month, you guys were telling me that the Unemployment Rate (since it is based off of the Household Survey Data) is meaningless and unreliable. Now, you're telling me that the net gain of 308,000 in the employment numbers (based on the Payroll Survey Data) is meaningless. Maybe you guys should all get your heads together, get your stories straight, and actually come up with some issues that don't require massive spin and lies to resonate positively with the American people. |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
"Jim" wrote in message link.net... Bush is behind about 3 1/2 years. A recession started just 60 days into his term. If you think that the recession was the result of Bush's policies (that hadn't even been implemented yet!), then you're either stupid or a liar. Then, 9/11 came about. It's nothing short of miraculous that our economy was able to rebound so strongly after what it'd gone through: 9/11, corporate scandals, union pension fund scandals, insider trading, two wars, etc. |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
NOYB wrote: "Jim" wrote in message link.net... Bush is behind about 3 1/2 years. A recession started just 60 days into his term. If you think that the recession was the result of Bush's policies (that hadn't even been implemented yet!), then you're either stupid or a liar. Then, 9/11 came about. It's nothing short of miraculous that our economy was able to rebound so strongly after what it'd gone through: 9/11, corporate scandals, union pension fund scandals, insider trading, two wars, etc. As I recall, One of Bushes campaign promises was JOBS, and the tax cuts were to provide them |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
"Jim" wrote in message ... NOYB wrote: "Jim" wrote in message link.net... Bush is behind about 3 1/2 years. A recession started just 60 days into his term. If you think that the recession was the result of Bush's policies (that hadn't even been implemented yet!), then you're either stupid or a liar. Then, 9/11 came about. It's nothing short of miraculous that our economy was able to rebound so strongly after what it'd gone through: 9/11, corporate scandals, union pension fund scandals, insider trading, two wars, etc. As I recall, One of Bushes campaign promises was JOBS, and the tax cuts were to provide them And they are! Jobs are a lagging indicator. The tax cut was passed, and rates were reduced effective July 1, 2001...which means American's didn't start seeing *some* of their returned money until after the April 2002 returns were submitted. Of course, the recession from 2001 and early 2002 hurt people's income and the job market. Therefore, the tax money refunded in 2003 constitutes the bulk of the tax cut...which means Americans have only had about 11 months to spend the tax cut refunded money. Since *every single* economist will tell you there's a lag between a jump in GDP and a jump in employment, it stands to reason that the past 7 months of increases in employment figures is just following on the heels of 9 quarters of GDP increases. After 3 straight quarters of a *decreasing GDP*, the 4th quarter GDP in 2001 had increased...and GDP has been increasing for 9 consecutive quarters. What happened in 2001 to stop the recession? The tax cut and interest rate cuts by the Fed. |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
On Mon, 05 Apr 2004 16:07:09 GMT, "NOYB" wrote:
"Jim" wrote in message ... NOYB wrote: "Jim" wrote in message link.net... Bush is behind about 3 1/2 years. A recession started just 60 days into his term. If you think that the recession was the result of Bush's policies (that hadn't even been implemented yet!), then you're either stupid or a liar. Then, 9/11 came about. It's nothing short of miraculous that our economy was able to rebound so strongly after what it'd gone through: 9/11, corporate scandals, union pension fund scandals, insider trading, two wars, etc. As I recall, One of Bushes campaign promises was JOBS, and the tax cuts were to provide them And they are! Jobs are a lagging indicator. The tax cut was passed, and rates were reduced effective July 1, 2001...which means American's didn't start seeing *some* of their returned money until after the April 2002 returns were submitted. Of course, the recession from 2001 and early 2002 hurt people's income and the job market. Therefore, the tax money refunded in 2003 constitutes the bulk of the tax cut...which means Americans have only had about 11 months to spend the tax cut refunded money. Since *every single* economist will tell you there's a lag between a jump in GDP and a jump in employment, it stands to reason that the past 7 months of increases in employment figures is just following on the heels of 9 quarters of GDP increases. After 3 straight quarters of a *decreasing GDP*, the 4th quarter GDP in 2001 had increased...and GDP has been increasing for 9 consecutive quarters. What happened in 2001 to stop the recession? The tax cut and interest rate cuts by the Fed. Kerry is going to remove the tax cuts, penalize corporations that hire overseas (I suppose he'll penalize foreign corporations that hire in the US), and implement about $800,000,000,000 in new program giveaways, AND bring about 10,000,000 new jobs. And only the top 1% of taxpayers are going to pay for all this. You gotta like someone like that! Now, given that there are lots of folks who *believe* that crap, do you think a logical argument makes a bit of difference? John H On the 'Poco Loco' out of Deale, MD on the beautiful Chesapeake Bay! |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
"John H" wrote in message ... On Mon, 05 Apr 2004 16:07:09 GMT, "NOYB" wrote: "Jim" wrote in message ... NOYB wrote: "Jim" wrote in message link.net... Bush is behind about 3 1/2 years. A recession started just 60 days into his term. If you think that the recession was the result of Bush's policies (that hadn't even been implemented yet!), then you're either stupid or a liar. Then, 9/11 came about. It's nothing short of miraculous that our economy was able to rebound so strongly after what it'd gone through: 9/11, corporate scandals, union pension fund scandals, insider trading, two wars, etc. As I recall, One of Bushes campaign promises was JOBS, and the tax cuts were to provide them And they are! Jobs are a lagging indicator. The tax cut was passed, and rates were reduced effective July 1, 2001...which means American's didn't start seeing *some* of their returned money until after the April 2002 returns were submitted. Of course, the recession from 2001 and early 2002 hurt people's income and the job market. Therefore, the tax money refunded in 2003 constitutes the bulk of the tax cut...which means Americans have only had about 11 months to spend the tax cut refunded money. Since *every single* economist will tell you there's a lag between a jump in GDP and a jump in employment, it stands to reason that the past 7 months of increases in employment figures is just following on the heels of 9 quarters of GDP increases. After 3 straight quarters of a *decreasing GDP*, the 4th quarter GDP in 2001 had increased...and GDP has been increasing for 9 consecutive quarters. What happened in 2001 to stop the recession? The tax cut and interest rate cuts by the Fed. Kerry is going to remove the tax cuts, penalize corporations that hire overseas (I suppose he'll penalize foreign corporations that hire in the US), and implement about $800,000,000,000 in new program giveaways, AND bring about 10,000,000 new jobs. And only the top 1% of taxpayers are going to pay for all this. Only the top 1% you say? Hmmmmm. Maybe I'll vote for the guy...since I'm in the other 99%. LOL. |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
On Mon, 05 Apr 2004 21:07:03 GMT, "NOYB" wrote:
"John H" wrote in message .. . On Mon, 05 Apr 2004 16:07:09 GMT, "NOYB" wrote: "Jim" wrote in message ... NOYB wrote: "Jim" wrote in message link.net... Bush is behind about 3 1/2 years. A recession started just 60 days into his term. If you think that the recession was the result of Bush's policies (that hadn't even been implemented yet!), then you're either stupid or a liar. Then, 9/11 came about. It's nothing short of miraculous that our economy was able to rebound so strongly after what it'd gone through: 9/11, corporate scandals, union pension fund scandals, insider trading, two wars, etc. As I recall, One of Bushes campaign promises was JOBS, and the tax cuts were to provide them And they are! Jobs are a lagging indicator. The tax cut was passed, and rates were reduced effective July 1, 2001...which means American's didn't start seeing *some* of their returned money until after the April 2002 returns were submitted. Of course, the recession from 2001 and early 2002 hurt people's income and the job market. Therefore, the tax money refunded in 2003 constitutes the bulk of the tax cut...which means Americans have only had about 11 months to spend the tax cut refunded money. Since *every single* economist will tell you there's a lag between a jump in GDP and a jump in employment, it stands to reason that the past 7 months of increases in employment figures is just following on the heels of 9 quarters of GDP increases. After 3 straight quarters of a *decreasing GDP*, the 4th quarter GDP in 2001 had increased...and GDP has been increasing for 9 consecutive quarters. What happened in 2001 to stop the recession? The tax cut and interest rate cuts by the Fed. Kerry is going to remove the tax cuts, penalize corporations that hire overseas (I suppose he'll penalize foreign corporations that hire in the US), and implement about $800,000,000,000 in new program giveaways, AND bring about 10,000,000 new jobs. And only the top 1% of taxpayers are going to pay for all this. Only the top 1% you say? Hmmmmm. Maybe I'll vote for the guy...since I'm in the other 99%. LOL. Maybe it's the top 2%, which would for sure include any dentist I know. A question - the guy who put in my implants, and said they were guaranteed for 20 years, just had a heart attack. What do I do if he doesn't recover? Lose weight? John H On the 'Poco Loco' out of Deale, MD on the beautiful Chesapeake Bay! |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
John H wrote: On Mon, 05 Apr 2004 21:07:03 GMT, "NOYB" wrote: "John H" wrote in message . .. On Mon, 05 Apr 2004 16:07:09 GMT, "NOYB" wrote: "Jim" wrote in message ... NOYB wrote: "Jim" wrote in message .earthlink.net... Bush is behind about 3 1/2 years. A recession started just 60 days into his term. If you think that the recession was the result of Bush's policies (that hadn't even been implemented yet!), then you're either stupid or a liar. Then, 9/11 came about. It's nothing short of miraculous that our economy was able to rebound so strongly after what it'd gone through: 9/11, corporate scandals, union pension fund scandals, insider trading, two wars, etc. As I recall, One of Bushes campaign promises was JOBS, and the tax cuts were to provide them And they are! Jobs are a lagging indicator. The tax cut was passed, and rates were reduced effective July 1, 2001...which means American's didn't start seeing *some* of their returned money until after the April 2002 returns were submitted. Of course, the recession from 2001 and early 2002 hurt people's income and the job market. Therefore, the tax money refunded in 2003 constitutes the bulk of the tax cut...which means Americans have only had about 11 months to spend the tax cut refunded money. Since *every single* economist will tell you there's a lag between a jump in GDP and a jump in employment, it stands to reason that the past 7 months of increases in employment figures is just following on the heels of 9 quarters of GDP increases. After 3 straight quarters of a *decreasing GDP*, the 4th quarter GDP in 2001 had increased...and GDP has been increasing for 9 consecutive quarters. What happened in 2001 to stop the recession? The tax cut and interest rate cuts by the Fed. Kerry is going to remove the tax cuts, penalize corporations that hire overseas (I suppose he'll penalize foreign corporations that hire in the US), and implement about $800,000,000,000 in new program giveaways, AND bring about 10,000,000 new jobs. And only the top 1% of taxpayers are going to pay for all this. Only the top 1% you say? Hmmmmm. Maybe I'll vote for the guy...since I'm in the other 99%. LOL. Maybe it's the top 2%, which would for sure include any dentist I know. A question - the guy who put in my implants, and said they were guaranteed for 20 years, just had a heart attack. What do I do if he doesn't recover? Lose weight? John H Ummmm Those implants are TEETH I hope! Or do you now sport DDs. |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
"John H" wrote in message ... On Mon, 05 Apr 2004 21:07:03 GMT, "NOYB" wrote: "John H" wrote in message .. . On Mon, 05 Apr 2004 16:07:09 GMT, "NOYB" wrote: "Jim" wrote in message ... NOYB wrote: "Jim" wrote in message link.net... Bush is behind about 3 1/2 years. A recession started just 60 days into his term. If you think that the recession was the result of Bush's policies (that hadn't even been implemented yet!), then you're either stupid or a liar. Then, 9/11 came about. It's nothing short of miraculous that our economy was able to rebound so strongly after what it'd gone through: 9/11, corporate scandals, union pension fund scandals, insider trading, two wars, etc. As I recall, One of Bushes campaign promises was JOBS, and the tax cuts were to provide them And they are! Jobs are a lagging indicator. The tax cut was passed, and rates were reduced effective July 1, 2001...which means American's didn't start seeing *some* of their returned money until after the April 2002 returns were submitted. Of course, the recession from 2001 and early 2002 hurt people's income and the job market. Therefore, the tax money refunded in 2003 constitutes the bulk of the tax cut...which means Americans have only had about 11 months to spend the tax cut refunded money. Since *every single* economist will tell you there's a lag between a jump in GDP and a jump in employment, it stands to reason that the past 7 months of increases in employment figures is just following on the heels of 9 quarters of GDP increases. After 3 straight quarters of a *decreasing GDP*, the 4th quarter GDP in 2001 had increased...and GDP has been increasing for 9 consecutive quarters. What happened in 2001 to stop the recession? The tax cut and interest rate cuts by the Fed. Kerry is going to remove the tax cuts, penalize corporations that hire overseas (I suppose he'll penalize foreign corporations that hire in the US), and implement about $800,000,000,000 in new program giveaways, AND bring about 10,000,000 new jobs. And only the top 1% of taxpayers are going to pay for all this. Only the top 1% you say? Hmmmmm. Maybe I'll vote for the guy...since I'm in the other 99%. LOL. Maybe it's the top 2%, which would for sure include any dentist I know. A question - the guy who put in my implants, and said they were guaranteed for 20 years You can't put a guarantee on anything to do with the human body. It's not ethical, because the body sometimes does its own thing no matter how well the work was done. just had a heart attack. You think his heart surgeon will guarantee his bypass? What do I do if he doesn't recover? The same thing you'd do if he were healthy. Hope that your body doesn't reject the implants one day. Lose weight? There are better ways. |
OT--Holy smokes! 240,000 new jobs EVERY month under Clinton
John H wrote in message ... A question - the guy who put in my implants, and said they were guaranteed for 20 years, just had a heart attack. What do I do if he doesn't recover? Lose weight? Shop for a new bra???? |
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