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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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NeverTrump Nebraska Congressman Don Bacon throws in the towel, won't seek reelection in 2026
I wonder if he's the one who complained about the BBB imposing work requirements on able-bodied adults without children for Medicaid.
Ever Wonder How The Woke Left Can Be So Obviously Hypocritical And Automatically Reject All Opposing Facts? Below are four short 5 minute videos of author Melanie Phillips explaining why.
The Disturbing Logic Of The Left.***
The Psychology Behind Why the WOKE Left Can't Win Arguments.***
The Bizarre Union of Woke and Jihad.***
Truth is a Right Wing Concept. [dri]
Wow, Katie Perry is having a rough couple of years: like her career, her engagement to Orlando Bloom is now over
The Trump Curse strikes again. She went from an apolitical ditz to a Hillary Clinton Crusader in 2016 and her career bottomed out like Hillary Clinton's blood sugar level after a weekend of vodka and self-pity. The Trump Curse even follows you into space, yo. Or at least into the lower upper atmosphere.
Forgotten 80s Mystery Click, I Can't Believe It's Not Night Ranger Edition
If you would just be sensible You'd find me indispensable I pray deep down to destiny That it places you with me Whoa, wanting you here in the sheets Wandering around incomplete Waiting so long I'm pretty sure I've linked this before but it's a banger.
Republican running for Mitch McConnell's seat literally trashes him in new ad
It's the anniversary of the Biden debate debacle.
Biden's senility becomes undeniable. The Democrats pronounced that he had clearly triumphed in the debate. How CNN reported Biden's "intense" debate prep before the debate and then after. Amy Klobuchar predicted victory. The Washington Examiner looks back at the Night of Great Stuttering.
Kari Lake, just when I think you couldn't get any dumber, you pull a stunt like this, and totally redeem yourself!!!
I think the Democrat is arguing that the political appointees should exercise no control over their rabidly communist VOA employees. This is what they're always arguing -- they stock the bureaucracy with literal communists and then claim that the voters should have no control over these unfirable radicals. Lake offers a for-instance that will appeal to this Democrat of allegedly-suspect bedroom guests.
Senator Rounds invites Trump to "an appreciation event like you've never seen" at the Sturgis Bike Rally
Obviously Trump should go. LOS ANGELES (AP) -- Lalo Schifrin, the composer behind the iconic 'Mission: Impossible' theme and many more film and TV scores, dies at 93. This post will self-destruct in five seconds.
Chuck Schumer hospitalized after experiencing "lightheadness" while attempting to diagram a Kamala Harris sentence
Wait, it says he was supposedly working out at the gym. Sure, whatev's. Maybe he had a fight with Harry Reid's exercise bands. Recent Comments
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