Only 32,000 jobs added last month!

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August 6th, 2004, 11:34 AM
techs

Only 32,000 jobs added last month!

http://story.news.yahoo.com/news?tmp..._nm/economy_dc

Quote:

U.S. employers added a paltry 32,000 workers to payrolls last month, the government said on Friday in a startlingly weak report that led Wall Street to forecast a slower pace of Federal Reserve interest-rate rises.

The Labor Department also cut its tally of job growth in May and June by a combined 61,000, adding to the weak tenor of a report that came as unwelcome news for an election-bound President Bush .

Thank goodness we've "turned the corner"

In your dreams Georgie boy.
August 6th, 2004, 11:42 AM
pmetal

You want a job?

Come to the Northern Virginia / DC area, we have a worker SHORTAGE! Too many jobs, not enough people to do them.
August 6th, 2004, 11:45 AM
techs

Quote:

Originally Posted by pmetal

You want a job?

Come to the Northern Virginia / DC area, we have a worker SHORTAGE! Too many jobs, not enough people to do them.

DOH! I didn't realize there was no job crisis in this country. All everyone needing a job has to do is move to Northern Virginia.
Gee, how come I never see that solution on the news? Must be liberal bias.

The economy is tanking, deficits soaring, Americans losing there jobs and health care. Soldiers dying in Iraq with no end in sight.
But Bush says we have turned the corner. How out of touch is this guy?
August 6th, 2004, 12:09 PM
meatwad

How Is It Bad That The Number Is Going Up?!?!?!?!?!
August 6th, 2004, 12:28 PM
pmetal

First off, I wasn't offering moving to VA as a solution, just a perspective.

Second, I don't see that the economy is tanking. But again, that's from my perspective.

Third, I don't believe it's the government's job to provide health care.

Fourth, I don't think Bush is as out of touch as the majority of the people spouting out so-called "news" on a daily basis. Again, a perspective thing.

Perception is reality.
August 6th, 2004, 12:31 PM
jitBob

Quote:

Originally Posted by meatwad

How Is It Bad That The Number Is Going Up?!?!?!?!?!

They were projecting an increase of 200,000 new jobs.
August 6th, 2004, 01:48 PM
techs

Quote:

Originally Posted by jitBob

They were projecting an increase of 200,000 new jobs.

And we need 70,000 new jobs just to keep up with the number of people entering the job market vs. the ones retiring. So when the number of jobs goes up 32,000 we are falling behind.
August 6th, 2004, 01:49 PM
Ya_know

Ok, job growth is dismal. We get it...Kerry can't fix it, he said so himself at lunch with me today... :p
August 6th, 2004, 02:01 PM
techs

Quote:

Originally Posted by Ya_know

Ok, job growth is dismal. We get it...Kerry can't fix it, he said so himself at lunch with me today... :p

Fixing it is as easy as rolling back the taxes on the rich.
August 6th, 2004, 02:09 PM
paraflyer

Quote:

Originally Posted by techs

Fixing it is as easy as rolling back the taxes on the rich.

Pardon me, but how the F@$K would that fix it, Mr. Wizard?
August 6th, 2004, 02:10 PM
Ya_know

Quote:

Originally Posted by techs

Fixing it is as easy as rolling back the taxes on the rich.

Says you...
August 6th, 2004, 02:53 PM
techs

Quote:

Originally Posted by paraflyer

Pardon me, but how the F@$K would that fix it, Mr. Wizard?

Lets see. What is the major difference between Clinton and Bushes economic plans. The tax cut.
D'UH.
August 6th, 2004, 02:58 PM
Zil

Quote:

Originally Posted by techs

Lets see. What is the major difference between Clinton and Bushes economic plans. The tax cut.
D'UH.

So explain, genius, how rolling back the tax cut is going to get all these people jobs.
August 6th, 2004, 03:05 PM
paraflyer

Quote:

Originally Posted by Zil

So explain, genius, how rolling back the tax cut is going to get all these people jobs.

That's what I want to know.
August 6th, 2004, 03:07 PM
jitBob

Quote:

Originally Posted by Zil

So explain, genius, how rolling back the tax cut is going to get all these people jobs.

When Clinton took office we were in a record deficet as a result of (mostly) the Ray-Gun years and the spend policies he had. Think military/industrial complex. What President Clinton did was restore the tax on the rich, provide seed money to start job growth, promote education through low cost student loans to ensure better paying jobs and promoted research and development. His fiscal plan was to reduce the deficet by $500 billion over 5 years. Without such a large deficet the interest we pay out is no longer one of the top tax burdens. As a result we reached a more stable economy and were able to enjoy a lengthy time of growth.
August 6th, 2004, 03:08 PM
Ya_know

Quote:

Originally Posted by techs

Lets see. What is the major difference between Clinton and Bushes economic plans. The tax cut.
D'UH.

Let's not forget Clinton released the runaway economy, only to have it crashing the year before he left...then to add into the mix 911...
August 6th, 2004, 03:11 PM
edball

Quote:

Originally Posted by Zil

So explain, genius, how rolling back the tax cut is going to get all these people jobs.

Actually, Kerry's plan to create jobs is to take away tax incentives for companies to outsource jobs away from the USA, and to create incentives for companies to create jobs here at home.