To: KMAJ2
"Since January of 2002, Bush's economic policies have resulted in 1,687,000 new jobs / more people employed and only 370,000 jobs short of the high water mark of January 2001. "
The Civilian Labor Force 1/2002 = 143,826,000, labor force 7/2003 = 146,540,000; resulting in an increase of 2,714,000 more people in the workforce.
Unemployed on 1/2002 = 8,035,000, on 7/2003 = 9,062,000; an increase in the unemployed = 1,027,000!!!!!
The above numbers also come from the BLI website. If you want to use selective numbers, don't complain about others doing the same. GWB does not have a good record to run on when it comes to employment - only the hope that things get better.
To: familyofman
This doesn't make any sense, you state that nearly three million more people are working, yet the unemployment numbers are 1 million more. Huh?
17 posted on
08/11/2003 12:46:20 PM PDT by
BushCountry
(To the last, I will grapple with Democrats. For hate's sake, I spit my last breath at Liberals.)
To: familyofman
"Since January of 2002, Bush's economic policies have resulted in 1,687,000 new jobs"
"Unemployed on 1/2002 = 8,035,000, on 7/2003 = 9,062,000; an increase in the unemployed = 1,027,000"
"The Civilian Labor Force 1/2002 = 143,826,000, labor force 7/2003 = 146,540,000; resulting in an increase of 2,714,000 more people in the workforce."
What this reflects is that of those 2,714,000 new members of the workforce, 1,687,000 found work. While it is true job creation has not kept pace with the growth of the workforce, job growth cannot be denied. When you couple that with the fact that the tax cut of 2003 is the first significant economic package implemented, and with it just kicking in this July, the economic data coming in signals an upturn in the economy.
You may cite the 2001 tax cut, but that was so heavily backloaded (a concession to the democrat controlled senate), most of it not taking effect until 2004, that it's effect was negligible, except in it helping to make the 2001 recession the shortest in history.
If you know anything about economics, you would know that job creation always lags an upturn in the economy. Bush will have to run on the results of the 2003 tax cut, he won't be able to run away from it.
I would feel more comfortable if he would show more fiscal restraint with federal spending (i.e. the new drug plan) then he has shown so far.
32 posted on
08/11/2003 5:06:45 PM PDT by
KMAJ2
(Freedom not defended is freedom relinquished, liberty not fought for is liberty lost.)
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