A Boom with a View (Bush Economic Policies Starting to Pay Off)

National Review Online ^ | 10/16/03 | Jerry Bowyer/Donald Luskin

[oceanview]

the unemployment number doesn't tell the story. when oracle send 1000 $70K jobs to India, and 1000 north carolina furniture workers lose their jobs to china, and then walmart creates 2000 jobs at their new stores, what is the net result?

[IMRight]

Sorry. Every time someone loses a job there is a sad story behind it. You could say the nembers "didn't tell the whole story" when unemployement was 3%, because there were still millions of people who wanted a job who didn't have one. What about all those technically skilled workers who gave up higher salary for stock options in tech companies they helped build... and then watched go under? They lost their jobs and their life savings.

There's always a story behind the numbers, the question is whether the story is worse than what people expect. And given 9/11 and the direction of the economy when he took over? Bush has done a fine job and things are getting better.

I live in NC now (near most of those workers). Why do you suppose they lost their jobs? Was it the "evil corporations" trying to make an extra buck?

[samtheman]

by the time the election season is upon us, the media will have surpressed the economy so long that it will look like a hugh economic volcano spewing cash

Wonderful image. Thanks.

And of course I agree with you. The growth is already accelerating and the news of that growth is being completely censored by the national press. By next summer, the growth will be so spectacular that the censorship will suddenly fail, and not only will the economy look good, but it will look spectacularly good.

The censorship is going to backfire. Like a shot heard round the world.

What on earth are the RATS going to do?