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To: MTOrlando
Most likely people on welfare who did not think they could get a job now are actually looking for one. Alot changed in winter, many people got job so perhaps their friends and such are now looking for job too?

In general this development(300,000+ new jobs) and stable unemployment rate is very good. Tons of new jobs and many of the disilusioned people are looking for work once again.

I am not sure how much of it is due to the fiscal stimulus from the administration. But if there is a huge victory that President can celebrate is that country is out of the recession for good(been out of it for a LONG time now) and the US economy is just gathering speed. In fact by the middle of summer I am sure Fed will start trying to slow things down to avoid overheating. Interest rates will go up and soon. From economic point of view if re-elected the best thing for administration would be to axe spending on social programs, "war on drugs" etc keep the tax cut but minimize the deficit. Press the breaks on the spending side, but keep military financing at the level needed to win the war.
104 posted on 04/12/2004 10:33:53 PM PDT by dimk
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To: dimk; MTOrlando
104 - This 'strengthening' economy sure isn't here. We have 9 1/2 % unemployment here and every week more layoffs are announced at the many petro-chemical plants here in the area. 50, 100, 250 - every week.
134 posted on 04/13/2004 12:18:42 AM PDT by XBob
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To: dimk
In general this development(300,000+ new jobs) and stable unemployment rate is very good.

You better take a real hard look at exactly where "all those jobs" came from. A majority were in Gummint, retail, and 'education,'--(more Gummint.)

These are NOT value-added jobs.

190 posted on 04/13/2004 7:02:16 AM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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