Democrats discount new vigor of economy

Washington Times ^ | 6/05/04 | Stephen Dinan

[kattracks]

Democrats yesterday discounted the news of the growth of the economy and of jobs under President Bush, repeating the claim that it is a "jobless recovery."

After several years of job losses, the American economy has netted nearly 950,000 new jobs in the past three months, including yesterday's announcement of 248,000 additional jobs in May.

[Just mythoughts]

What happened to Hillry's shrill "Hoover Economy"? Maybe that is her October surprise she and Soros are plotting and planning.

[gargoyle]

..."Pessimism never created a job". Might be true. But the government never created a job, either...

[CPOSharky]

"Families are still struggling in this economy. Jobs are scarce, and those lucky enough to have one are making $1,500 less each year," Sen. John Kerry, Democratic presidential candidate, said yesterday.

And JF'nK's answer is to raise taxes on these folks. Oh joy, I can hardly wait, not.

[ken5050]

Gotta buy stock in McDonalds..The Dems say these are all burger flipping jobs, so McDonals must be doing really well..

[Just mythoughts]

I don't know, the dirt worshipers and their gang PETA are after those who flip and eat "burgers".

[The Wizard]

and this is why they will lose

[Paul_B]

Note to Dems: be careful what you wish for. This may well prove to be a jobless recovery for you, come November 2nd.

[buffyt]

When she introduced the evil George Soros last week I knew she was evil. I used to wonder if she was really THAT bad or if some of it was made up. She really IS THAT BAD. The Democrats have LOST IT.

[oblomov]

Soros will try, count on it.

[Gillsie]

C'mon Sen. Kerry....come right out and say it....from each according to his ability to each according to his needs.....

I really need a Beacon Hill manse in Louisburg Square

[Zeppo]

Lee Price, director of research at the Economic Policy Institute (EPI), said wages usually lag behind job growth in a recession, which is probably why Americans still feel the economy is doing poorly.

"As long as the number of jobs was going down, that was the dominant economic fact, and that meant wages would also be softening. Now that we're gaining jobs, it does not mean most people feel better off," Mr. Price said.

EPI has a mission, and that mission is not to provide an objective analysis of the economy, rather it is to skew their analysis in ways that favor Socialist and/or Communist-inspired economic policies.

[Begin]

There is no recovery, never! Investors are committing suicide in the streets!

[speekinout]

Unfortunately for the Dims, most Americans have money invested in the stock market through their IRA's and the like. Last year was particularly good for those accounts.

And in many areas of the country, real estate prices have gone up significantly. People who refinanced at a low rate, and took out a big chunk of money aren't feeling particularly poor.

Wages aren't the whole economic story anymore.