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To: BfloGuy; Olog-hai

The U.S. created zero net jobs in the 2000 - 2010 decade.

In contrast 22 million jobs created in the 1990’s. And we did have a huge government, high taxes, and hundreds of thousands of government regulations in the 1990’s too( of course job growth is in spite of these things). In fact in the 2000’s we had lower taxes than in the 1990’s( the Bush tax cuts). the main difference , the reason for no jobs in the 2000’s vs the 22 million in the 1990’s drum roll is: that Clinton signed NAFTA and the free trade agreement with china AND that Trade with China and other countries exploded in the decade of 2000- 2010, in short your “free trade”.Your free trade is just one sided trade that China manipulates to Rip off America. Now china has stolen thousands of industries from the U.S. like the many industries of the consumer electronics industries( smart phones, ipads, kindles, etc.). Yes you agree with Clinton and Obama on free trade.

We have zero jobs created in 2000’s and 14 million new foreign immigrants and their children born here after that, close to 40 million increase in population and you say the U.S. job market is not broken. There naturally has to be created many fast food joints, gas stations , walmarts( the foreigners are all there), to accommodate this population and still we have no net jobs. That's what America is becoming retail outlets for things made in other countries. and you think we can keep our technological advantage like that ?

https://www.numbersusa.com/content/nusablog/beckr/august-19-2009/125000-brand-new-foreign-workers-work-permits-each-month-heres-proof.h

31 posted on 07/07/2012 2:10:08 PM PDT by rurgan (Sunset all laws at 4 years.China is destroying U.S. ability to manufacture,makes everything)
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To: rurgan
The U.S. created zero net jobs in the 2000 - 2010 decade.

That's a useless statistic often, as it turns out, used by the Democrats to bash Bush and the GOP.

You will remember that Bush took office just as the Fed-caused Dot-com bust took hold. Millions of jobs created during the 90's were wiped out (conveniently for Slick Willie) under Bush's watch. But by 2003 after Bush's tax cuts went into effect, the job situation turned around.

From 2003 through 2007, 8 million jobs were created -- and every one of them while we traded with China. But when the next Fed-caused recession hit in late 2008, 8 million other jobs disappeared.

It had nothing to do with free trade [funny how you protectionists disparage freedom,] and everything to do with the government's insistence that cheap credit and printed money will "grow" the economy.

So, to claim that no net jobs were created since 2000 is technically true, but millions upon millions were created only to be wiped out by our own government's fiscal and monetary idiocy.

Choose better statistics if you want to argue your case convincingly.

32 posted on 07/07/2012 2:48:49 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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