Radio Address by the President to the Nation, 02-07-04

WhiteHouse.gov ^ | 02-07-04 | George W. Bush

[Salvation]

For your infomation. All comments welcomed.<P

[Salvation]

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[Salvation]

**Overall, the nation has added 366,000 jobs in the past five months.**

And the dimocrats don't know this????

[Salvation]

One of my pet peeves is that entreupership is not taught in high school.

Alwasy 00 "Get a job."

Sorry, folks, but owning your own business is what works in America. Yes, it's a lot of work, but there are also lots of advantages:
Work from home
Deductions on taxes for promotions
Mileage
etc.
etc.

The key, (in addition to the hard work), however, is to keep detailed records.

[Salvation]

Oops!

Always "Get a job."

[YaYa123]

Home Depot has put out the word, they need 39,000 employees. (Did I get that number right?) I heard it on FOXNews yesterday, I believe HD wants "seasoned" employees, and I believe they are opening new stores all over the country, hence the demand. Another good sign, not insignificant.

[Salvation]

**Home Depot has put out the word, they need 39,000 employees.**

I wonder if they will fall to OfficeMax, however?

[MeekOneGOP]

Unemployment rate dips to 5.6%; 112,000 non-farm payroll jobs added in January

Copying by post from there ...

Yep ! Obviously the market just hated the jobs news ... < /sarcasm >

(on BIG volume, too, it appears) ...

http://finance.yahoo.com/mt?u

Market Summary

Dow	10,593.03	+97.48	(+0.93%)
Nasdaq	2,064.01	+44.45	(+2.20%)
S&P 500	1,142.76	+14.17	(+1.26%)
10-Yr Bond	4.089%	-0.085
NYSE Volume		1,450,959,000
Nasdaq Volume		1,859,273,000
Quote data provided by Reuters

Close: A January employment report that actually fell short of the market's expectations turned out to be the right combination for a buying drive on Wall Street... Stocks opened on a positive note, and gained steam throughout the day for a close at their session highs... The magnitude of today's gains, in fact, was the largest since last November, and erased all of the week's losses on the Dow and S&P 500 (the Nasdaq came within 2 points of a flat finish)... The jobs report gave equities several reasons to rally with its positive implications for the labor market and investor psychology...

The unemployment rate fell to 5.6%, the average workweek rose to 33.7 hours, and nonfarm payrolls increased by 112K... While all of these statistics were indicative of a strengthening employment picture, the latter metric actually missed the consensus estimate of 165K and generated some negative headline buzz... Briefing.com ventured in yesterday's Looking Ahead column that such a figure - signaling job growth, but not phenomenal job growth - would be a "best case scenario" for the bulls as it suggests that the Fed is not going to tighten interest rates anytime soon...

Investors interpreted the figure as such as most sectors zoomed higher today, with financial, homebuilding, apparel, and technology in the front... The latter was especially strong thanks to the semiconductor group's move above its 50-day simple moving average...

[Dog Gone]

For the first time in our history, more than half of minority households own their own homes.

I didn't hear that reported on CBS.

[Salvation]

For the first time in our history, more than half of minority households own their own homes.

I did hear it on FoxNewsChannel yesterday in one of the news bleeps.

[Salvation]

Unemployment rate dips to 5.6%; 112,000 non-farm payroll jobs added in January

Another BTTT!

Hello, Kerry Ketchup Boy, what say you?

[cyncooper]

I believe HD wants "seasoned" employees, and I believe they are opening new stores all over the country, hence the demand. Another good sign, not insignificant.

Two new Lowe's opening here in Tucson that I know of, one near us. I can't wait as I am dreaming of replacing carpet with hardwood. Both economy boosting, as well as cyncooper satisfying. (Should my husband and I install ourselves? That is the question!)

Already have a Home Depot near the new Lowe's location. In fact, Lowe's is restructuring the old K-mart stores that had closed last year.

[iconoclast]

**Overall, the nation has added 366,000 jobs in the past five months.**

That was maybe a shade better than a good MONTH for the hated Clintoon.

And you didn't know THAT?

[Stallone]

You mean during the GOP Congress common-sense revolution?

That 'Clinton' time?

Shameless b@st@rds need to be removed from God's earth.

[MegaSilver]

I wonder if [Home Depot] will fall to OfficeMax, however?

Are you being silly, or were you thinking "Office Depot"?

[Salvation]

We also got a new Lowes here! Hmmmm.

[Salvation]

I'm sorry, I was thinking about Office Depot here. My mistake.

Home Depot is great! Got a new garage door there.

[Salvation]

My mistake. See the post above. I meant the cccompetition
between Office Depot and Office Max.

[Salvation]

**cccompetition**

I'd better stop here! (Unless I use the spell check -- LOL!)

competition

[Republican Red]

Rush Limbaugh has a good piece on this topic on his website:

Booming U.S. Economy Leads World,
But U.S. Media Reports Only Doom, Gloom

RUSH: I've got to start with some economic news. The latest headline, this is from The Guardian, the UK Guardian, this is not a conservative paper, "Surging U.S. economy leads global recovery."

"The U.S. economy strengthened considerably in December, leading the global economic recovery and leaving Europe and Japan behind, said the Organization of Economic Cooperation and Development today." And then we go to the next story from the Associated Press, "German unemployment rate rises to 11%."

"Germany's unemployment rate rose to 11% in January from 10.4% the previous month" - that would be in December for those of you in Rio Linda - "as the number of jobless people in Germany rose by 282,000, according to the state labor office on Thursday."

So you have two interesting headlines here, surging U.S. economy leads global recovery, German unemployment rate rises to 11 percent. Now, we go to the Reuters news agency, doesn't matter, Reuters, AP, anywhere here in the United States, and the headline, "Job growth in January disappoints." "The U.S. economy created just 112,000 new jobs in January, far fewer than expected, government data showed on Friday in a disappointing reported that will likely weigh on President Bush's reelection campaign."
(excerpt)

http://www.rushlimbaugh.com/home/daily/site_020604/content/truth_detector.guest.html