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Economy adds 625,000 jobs in last 2 months

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  • #106
    Originally posted by DanS
    Yep. Politically, it is not considered as one. Clinton raised taxes throughout his presidency.
    Did he also adjust tax brackets by larger than inflation? Does that ever happen?

    Thank you.

    What's the situation like at local and state level? Any figures?
    DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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    • #107
      Did he also adjust tax brackets by larger than inflation? Does that ever happen?
      No. He should have. And yes, adjustments happen every ten years or so. Bush has done it 3 times already.

      What's the situation like at local and state level? Any figures?
      You would have to look at the NIPA tables. Only the numbers for calendar Q4 '03 have been released so far.
      I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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      • #108
        Originally posted by DanS


        No. He should have. And yes, adjustments happen every ten years or so. Bush has done it 3 times already.
        Do you think he won't do so anymore?

        You would have to look at the NIPA tables. Only the numbers for calendar Q4 '03 have been released so far.
        DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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        • #109
          Do you think he won't do so anymore?
          Tough to know. Tax cuts are easy to derail.
          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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          • #110
            Cisco has plans to hire 1,000 this year. Looks like Silicon Valley is back in the black.
            I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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            • #111
              Originally posted by DanS
              Cisco has plans to hire 1,000 this year. Looks like Silicon Valley is back in the black.
              I'll speak from the leftist point of view: Jobs are bad. Jobs are evil. Capitalism is evil. I hate jobs. I hate Bush. I hate jobs. I hate Bush. I hate jobs. *repeat six thousand times*
              For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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              • #112
                Is the media in the U.S. still ignoring the good economic news?
                KH FOR OWNER!
                ASHER FOR CEO!!
                GUYNEMER FOR OT MOD!!!

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                • #113
                  Good news this.

                  But it still doesn't change the fact that the US's share of the world economy has shrunk by more under Bush than any president since Carter (0.6% of global GDP - the equivalent of the US 'losing' Chicago, Los Angeles or the state of Georgia).

                  That can't be good for US power in the long-term.
                  19th Century Liberal, 21st Century European

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                  • #114
                    Considering after WW2, the US had 50% of the world's wealth, I wouldn't be alarmed
                    We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham Lincoln

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                    • #115
                      Two good months are good news but we're still down 1.3 million total. Add to that the increased price of fuel that will be a drag on the economy, rising interest rates (they can't stay low forever) and I'm seeing a modest recovery instead of a return to the 90's.
                      Try http://wordforge.net/index.php for discussion and debate.

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                      • #116
                        Originally posted by Ted Striker
                        Considering after WW2, the US had 50% of the world's wealth, I wouldn't be alarmed
                        Well now it's down to 20%
                        19th Century Liberal, 21st Century European

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                        • #117
                          Oh dear, I'm just shaking in my boots.

                          It's not that we're losing wealth, it's that other nations (China, India, etc.) are industrializing and creating wealth.

                          It's a good thing.
                          No, I did not steal that from somebody on Something Awful.

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                          • #118
                            I'd like to see McCain's old idea of an across the board 10% cut to all programs but Social Security revived.
                            Try http://wordforge.net/index.php for discussion and debate.

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                            • #119
                              STARVE THE BEAST

                              and then, say it doesn't work, and privatize it
                              urgh.NSFW

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                              • #120
                                Originally posted by el freako


                                Well now it's down to 20%
                                My point exactly.
                                We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham Lincoln

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