Let the good times roll! -- 337,000 new jobs in October

[GePap]

No they don't. Whatever the cause of the job loss, the question is how the "Bush recovery" compares to say, the recovery from the previous 1991 recession. Given the huge amounts of spending pumped in by the government, in three years of massive deficit spending, the loss of jobs has not been made up, and as Bush always points out, the rate of unemployment is not historically high, so for Bush to break even he did not have to achieve anything even close to historic. He failed.

[Robert]

How can any sane person blame any fluctuation in the economy to any president?
The economy goes up and down despite the administration that's sitting in Washingthon, Paris, London, Berlin, Moscow, Beijng, New Delhi, Brussels, Amsterdam, Madrid, etc. etc. etc.

Pherhaps the US administration can influence this economic fluctuation by some tens of percents.
But it's foolish to blame Bush for lost jobs or gained jobs.

Everywhere in the world people blame their administration for the economic downfall in the past 4 years.
Oh well, pherhaps people just don't notice that fluctuation in the economy are the natural thing that happen, worldwide. Some countries go down earlier and rise earlier (China, Argentinia, etc.) and others fall later and rise later.

It's a common basic law in economics.
Don't be an idiot, don't blame Bush for the job you lost. Don't praise Bush either for the job you gained.

[chequita guevara]

Originally posted by CyberShy
How can any sane person blame any fluctuation in the economy to any president?

Tax cuts, not extending unemployment, talking the economy down, reappointing Greenspan, etc. This president has had extraordinary influence on the economy, almost all bad.

[Robert]

Of course not. The economy was doomed to go down in the year 2000. Despite the rumors of the 'new economy'
The economy would've fallen anyway, and it did fall worldwide.

The fall started earl 2001. Bush could never have influenced that.

I don't want to end your dream, but elect a president for topics like security, moral values, laws and international politics. But NEVER for economic reasons. That's plain silly.

[Ben Kenobi]

I'll thank Bush for my job with the postal service.

[Drake Tungsten]

I'm working so much that I'm here on a Saturday. Thanks, Bush!

[el freako]

To those who say 'wohoo I got a pay rise, bush is great!';

Almosty all of you in the workforce will be making bigger pay rises than the average - this is due to the fact that you are all getting older and into the prime of your earning potential (the average wage rises steadily untill around age 50-55).

So basically you are suffering from money illusion by saying that things are ok because you are.

Imagine just how much more you would have made if the US labour market had perfomed as it used to (there seems to have been a sea-change around 10 to 15 years ago).

[alva]

Originally posted by Arrian
It's Dauphin who is a Brit, although IIRC he's in Austrialia.

-Arrian

AFAIK he's back in the UK.

[pchang]

Originally posted by el freako
To those who say 'wohoo I got a pay rise, bush is great!';

Almosty all of you in the workforce will be making bigger pay rises than the average - this is due to the fact that you are all getting older and into the prime of your earning potential (the average wage rises steadily untill around age 50-55).

Well, I did get a 22% raise 2 weeks ago.

[mrmitchell]

Laissez les bons temps rouler!

[Bosh]

The decline of the dollar means that I'm making almost 10% more in dollar terms than I was in January. Thank you Bush for your irresponsible fiscal spending that has helped fuel this

[Drake Tungsten]

Originally posted by Boshko
The decline of the dollar means that I'm making almost 10% more in dollar terms than I was in January. Thank you Bush for your irresponsible fiscal spending that has helped fuel this

Ditto. Thanks, Bush!

[Ted Striker]

Originally posted by Agathon
This is irrelevant. The unemployment rate actually went up.

So that's a big F for Bush.

Exactly, this number is irrelevent

It's like a company that boasts it grew revenue by 15%.

Even though profit went down.

[Lawrence of Arabia]

10th time's the charm eh dan? try try again. at least we are back to zero from 4 years ago.

[DanS]

You guys are funny. Wailing. Gnashing teeth. Beating of breasts. All for 450,000 new jobs!