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October 31, 2004
Hiring Picks Up in OctoberAnother 175,000 jobs likely added this month. Thanks to Insty. posted by Ace at 05:44 PM
CommentsOnce the MSM stop their Great Depression propaganda after Bush wins, a Kerry-Free economic boom will occur. Posted by: on October 31, 2004 07:16 PM
The 8-year average under Clinton was 260,000 jobs a month added, most well-paying. About 2/3rds of the jobs Bush has added with his government borrowed money given to the richest strategy - are low paying service sector or parasitic Gov't jobs as Dubya expands Gov't at LBJ record levels. And he is still the first President to lose jobs since Hoover. It is good that the media is ignoring the disappointing new job numbers and concentrating on the horserace. Before we outsourced much of what we made, we would see the 4% GNP growth reflected in augmented domestic production vs. a few owners and distributers adding cost on to imports and calling it "GNP growth". Historically, GNP 4% growth results in 2.5-3% job creation growth. At least 290,000 jobs a month. The trickledown Bush promised would create 7.0 million jobs if his foreign - funded 2002 tax cuts were adopted have only created 1.8 million. Bush is 1.3 million in the hole. Trickledown has failed. Will Bush admit it? Fuck no! He will go with more "tax cuts" for his cronies if re-elected. His hope is the fact that the declining middle class still doesn't want a Mass liberal doing SCOTUS appontments, and this Mass Senator is a bunch less likable than the real JFK. Posted by: Cedarford on October 31, 2004 07:21 PM
Cedarford: The fact is the Clinton left behind these huge economic messes 1. A recession that started in the Fall of 99. If Gore had been president he would have done the same thing that Kerry would have-nothing. Clinton created an economic disaster in 1999 and only Bush’s tax cut saved the nation. Posted by: Jake on October 31, 2004 07:40 PM
As I've seen commented on before, so many of those jobs created during the tech bubble didn't really deserve to exist. For example, there was an web design company here in town that had over a hundred employees and 3 layers of management. Wanna know how many sites they actually built and managed...maybe 2 dozen. They just smoke and mirrored for 3 years receiving and blowing all sorts of millions of dollars of VC (Herman Miller chairs galore, a slurpee machine, the over a hundred employees to handle nothing) and in the end there was a endless supply of resumes flooding the 6 person shop I worked at looking for work. Now this is one example in a relatively non-tech area of the country of 75 useless jobs at one company being lost. I can only imagine that multiplied over the whole country. Posted by: Paul B. on October 31, 2004 07:57 PM
That's good news, no comment necessary. Except for one: I'm not so interested in new hires this week. I'm interested in one, very important *REHIRE.* Vote. Cheers, Posted by: Dave at Garfield Ridge on October 31, 2004 08:29 PM
Jake - The fact is that FDR inherited the Great Depression. He also had trade tariffs that prevented our exporting goods and services to create jobs. Then Hirohito and Hitler came along. He still created jobs every year. And Dubya has done WHAT with the 2 trillion he borrowed from the Saudis, Chinese, Japanese, and the Swiss Gnomes? Palace building for America's Tikriti Clan a la Saddam?? Posted by: Cedarford on October 31, 2004 08:49 PM
Cedarford, FDR created alot of make-work jobs during the "alphabet-soup" agency days. Is this what you are prescribing? You aren't a fan of "trickle-down," a.k.a capitalism. Do you or Kerry have another idea? Posted by: Golden Boy on October 31, 2004 09:06 PM
Paul B. nails it. Many of those "high-paying" jobs were in the tech sector. The internet companies like pets.com, toys.com, nobusinessplan.com, never had a chance- but they paid well until they croaked. There was also a boom in tech manufacturing (which I was in) that was directly related to massive corporate buying prior to y2k. Both of these were artificial events- there had to be a correction. Add on the impact of 9/11, and I'm surprised the economy is as good as it is. Posted by: Jack Grey on October 31, 2004 09:08 PM
Jack, You nailed it regarding Y2K. I saw the massive infrastructure upgrades and tech worker employment influx first-hand in the late 90's. Come early 2000, the artificial boom came crashing down. You can see the actual numbers charted here. Posted by: Golden Boy on October 31, 2004 09:50 PM
Doesn't this warrant some cowbell? Posted by: Sean M. on November 1, 2004 03:56 AM
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| The Deplorable Gourmet A Horde-sourced Cookbook [All profits go to charity] Top Headlines
Those of you who are longtime Not Watchers of Stephen Colbert will not enjoy this flashback of Colbert dancing with Chuck Schumer while wearing ostentatious covid masks
Rush Limbaugh was an innovator in so many ways, including being among the first to not watch Stephen Colbert
DNI Tulsi Gabbard tenders her resignation for June 30, says her husband has been diagnosed with a rare bone cancer and she will have to help him through this
After threatening that the "clock is ticking" for renewed strikes on Iran, Trump once again calls them off to give negotiating a chance.
I can't even cover this any more. It's embarrassing. It's like covering the endless negotiations over DHS funding. Trump is going to drag this out through the midterms and then lose them. Note to the president: At some point, allowing the Regime to remain in power without actually forcing them to give up nukes is just a back-door, unacknowledged renewal of the Obama policy. Well, I guess we just have to wait for their economy to collapse and their troops to desert.
Mayor Karen is so stung by fan-made AI ads that she's resorting to the shitlibs' go-to demand for an end to criticism -- these ads are "violent" and "hateful" and making me feel unsafe because one video showed AI cartoons throwing tomatoes at me and the tomatoes looked like blood when they squished
This was her actual complaint. The mushed-up tomato looked like blood so it's a death threat and these violent attacks on me must stop. What is dis bitch, CNN?
Few people remember that Norm MacDonald began his career as a ventriloquist
MacDonald's old partner Adam Egot revealed that MacDonald repurposed a bit with one of his ventriloquist dolls -- that he was a "bad guy" who "didn't believe the Holocaust happened" -- for the Norm MacDonald show, in which he claimed Egot didn't believe in the Holocaust. Funniest thing I've read about the Virginia mess. Back when they were hustling the referendum through the assembly both Senators, Warner and Kaine, advised them to go slow and play by the rules. Louise Lucas said she respected them but didn't need advice from the "cuck chair" in the corner. The gerrymandering was overturned and Louise is heading for the big house. Edward G. Robinson voice "where's your cuck now?" I posted his post on twitter and it's gotten 25K views so far. Thanks, Smell the Glove Chris
Forgotten 80s Mystery Click That Sums Up the Democrat Communist Party Today
Something is wrong as I hold you near Somebody else holds your heart, yeah You turn to me with your icy tears And then it's raining, feels like it's raining
"It's f**king f**ked."
-- reportedly a genuine comment offered by a "senior Labour source" Correction: I wrote that Labour is losing 88% (now 87%) of the seats it is "defending." I think that's wrong. The right way to say it is the seats they are contesting -- that is, they don't necessarily already hold these seats, but they have put up a candidate to run for the seat. It's still very bad but not as bad as losing 87% of the seats they already held. Basil the Great
"The end of the two party system in the UK" as first the Fake Conservatives and now Labour chooses political suicide rather than simply STOPPING THE INVASION
Incidentally, the only reason this didn't already happen in the US is because of the Very Bad Orange Man (who is right on 85% of all policy calls and extremely, existentially right on 15% of them)
No political party that is NOT also a doomsday religious cult would EVER choose a cataclysmic loss -- and possible extinction as a party -- to support a toxically unpopular favoritism of NON-CITIZEN ILLEGAL MIGRANTS over actual citizen voters.
Only a cult does this. Recent Comments
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