Jobs Report not rosy. This could be the anchor for Bush.

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Agrajag
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Jobs Report not rosy. This could be the anchor for Bush.

Post by Agrajag »

The jobs report came in at less than half what Bush people were saying and 40% lower than what was forecasted. Bush people said 200,000, forecasters, 150,000 and economists said a healthy economy generates 250,000 every month. The number came in at 96,000 and this is the last report until after the election.

Kerry will have this information to hammer home in the last debate. All the bright, rosy comments about turning the corner are going to evaporate with this one.
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Iceberg
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Post by Iceberg »

"Not rosy?" That's downright shitty...
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Broomstick
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Post by Broomstick »

Yes, it's shitty.

Nonetheless, I am now looking for another job. Not giving up my current one at present but I expect the search will take awhile....
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Post by SyntaxVorlon »

Fodder for Kerry.
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Stark
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Post by Stark »

SyntaxVorlon wrote:Fodder for Kerry.
But this is Kerry... will he catch this one?
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The Dark
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Post by The Dark »

He's got decent advisors now. They should catch on to that.
Stanley Hauerwas wrote:[W]hy is it that no one is angry at the inequality of income in this country? I mean, the inequality of income is unbelievable. Unbelievable. Why isn’t that ever an issue of politics? Because you don’t live in a democracy. You live in a plutocracy. Money rules.
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Agrajag
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Post by Agrajag »

The entire next debate is on nothing BUT domestic issues so it HAS to come up. Of course we already know Bush's response. He'll spin it as the total amount of jobs he's added in the last 14 months and say nothing about how the proves the economy is not what he says it is.
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Post by The Dark »

Hopefully if he tries to pull out the 14 month report, Kerry will mention that during that time, a healthy economy would create 3.5 million jobs, which means we're still 1.9 million short what a normal economy would generate.
Stanley Hauerwas wrote:[W]hy is it that no one is angry at the inequality of income in this country? I mean, the inequality of income is unbelievable. Unbelievable. Why isn’t that ever an issue of politics? Because you don’t live in a democracy. You live in a plutocracy. Money rules.
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