Economy UP

“So employment is beginning to improve after three years of Bush incompetance? IF it is, you can bet it's in anticipation of Regime Change in DC and Dubya's impending return to Waco to chop cedar.

The fact remains that most of those are lower paid service sector jobs. Mfg jobs are still lagging.

Ya want some KETCHUP for those fries?”

“When does optimism -- the Bush campaign's favorite word these days -- become an inability to face facts? On Friday, President Bush insisted that a seriously disappointing jobs report, which fell far short of the pre-announcement hype, was good news. "We're witnessing steady growth, steady growth. And that's important. We don't need boom-or-bust type growth."

But Bush already has presided over a bust. For the first time since 1932, employment is lower in the summer of a presidential election year than it was on the previous Inauguration Day. America badly needs a boom to make up the lost ground. And we're not getting it.

When March's numbers came in much better than expected, I cautioned readers not to make too much of one good month. Similarly, we shouldn't make too much of June's disappointment. The question is whether, taking a longer perspective, the economy is performing well. And the answer is no.

If you want a single number that tells the story, it's the percentage of adults who have jobs. When Bush took office, that number stood at 64.4. By last August it had fallen to 62.2 percent. In June, the number was 62.3. That is, during Bush's first 30 months, the job situation deteriorated drastically. Last summer it stabilized, and since then it may have improved slightly. But jobs are still very scarce, with little relief in sight.

Bush campaign ads boast that 1.5 million jobs were added in the past 10 months, as if that were a remarkable achievement. It isn't. During the Clinton years, the economy added 236,000 jobs in an average month. Those 1.5 million jobs were barely enough to keep up with a growing working-age population.

In the spring, it seemed as if the pace of job growth was accelerating: In March and April, the economy added almost 700,000 jobs. But that now looks like a blip -- a one-time thing, not a break in the trend. May growth was slightly below the Clinton-era average, and June's numbers -- only 112,000 new jobs, and a decline in working hours -- were pretty poor.

http://seattlepi.nwsource.com/opinion/180948_krugman07.html?searchpagefrom=1&searchdiff=0”

“Keep up the negativity kids. It is sure to be a campaign hit. The growing economy is what is going to re-elect the President.”

“"growing economy"?

Yeah, they can't brag about world peace or national security.”

““Ya want some KETCHUP for those fries?"

I’ll have some! Just don’t make it Heinz. They are evil and have 76% of their workforce overseas. Evil I say! LOL!”

“The Administration can brag that no attacks have been made against the US mainland since 9/11.

Our county treasurer said that tax revenue is up. According to the treasurer, if the trend continues county revenue will set new records for the year.

In spite of what the Liberals are saying we are in a economic boom that has not been seen in decades.”

“World peace, lol. MarkO you're so cute sometimes.”

“Nige, I wonder if you're getting enough ketchup. Ketchup, you know, plays an important role in diet that nutritionists are just beginning to understand. It contains essential nutrients that seem to promote common sense. And, of course, natural mellowing agents that do so much to help keep us stable.”

“We don't wanna hear it bacpac. Only thing we want to hear about is...

”

“I recommend you bathe in Ketchup.”

“"Nige, I wonder if you're getting enough ketchup. Ketchup, you know, plays an important role in diet that nutritionists are just beginning to understand. It contains essential nutrients that seem to promote common sense. And, of course, natural mellowing agents that do so much to help keep us stable."

Oh I'm all about the licopeen tilt. I love ketchup...just not Heinzs.

[this message has been brought to you by our friends at the National Ketchup Board...Isn't it time you had some ketchup today?]”

“Ketchup: for the good times.”

“We now return you to Dyslexic Theater’s Bitty Bitty Chang Chang…”

“Have some more sugar with your ketchup.”

“You are getting sleeepy... You can hear nothing but the sound of my voice....

Pay no attention to the war over in the corner....”

“But please, send us your healthy sons!”

“I sent mine.”

“You and ONE of the 535 members of Congress.”

“Maybe Dubya's daughters could get work at Abu Grabass prison.”

“Why didn't you serve, Tilt? Why are you whining? It doesn't affect you. There are more than one of the 535 Legistlator's with family serving. That was just one of the many lies that Moore's movie perpetuated.”

“The cost of the illegitimate war in Iraq will not only cost many American lives, but US taxpayers about $3,500 per household.

How do you initiate proceedings against a criminal at the Haig? Can I file charges against the liar Bush, Cheney, Rumsfeld, etc?”

“There are more than one of the 535 Legistlator's with family serving.

Got names to go with that?”

“Tilt is serving by protesting and getting the truth out. It's unpatriotic to promote lies and back corrupt administrations bacpac, you unamerican bastard!”

“Gas stations, typically get around 5 cents per gallon on gas sold. How bout we take out $3,500, pay only the mom and pop stations thier share of the gas price, and stiff the oil companies the rest of the money until the $3,500 is reimbursed? I like that idea.”

“Don't worry Buddha, with the growth in the economy the tab for the war will be paid in no time. I remember the same argument used against Reagan. His vision and contribution to destroying communism was worth every penny. If Bush can stabilize the mideast it will worth more than we spend.

Your proposal to attack Capitalism is right in line with you socialist agenda. Good Luck with that. The Unions have priced themselves out of more and more manufacturing jobs and their workmanship sucks. My non-union company is setting new sales records all the time.

Bush in '04.”

“"The Unions have priced themselves out of more and more manufacturing jobs and their workmanship sucks."

Why is it that liberals seem to hate corruption so much but absolutely LOVE unions. I've been reading up on unions and they are more crocked than the politicians.”

“Could call Nigal. Remember two years ago when Buddha was a staunch conservative?

Now that he is getting Union kickbacks he is all about Bush bashing. Socialism is corrupt by nature.”

“Are the trolls getting uppity again? They always seem to get riled up as they're circling the drain.”

“Are you avoiding my question, Tilted?”

“"Socialism is corrupt by nature."
Miss Anne Thrope
10:00:57 AM

Bribery greases the wheels of capitalism.

Let's try something in between.”

“Oh yeah, "Reagan destroyed communism"???

He forgot China.

But Chinese manufacturing profits help support U.S. corporations, so let's just look the other way.”

“OH -- Did you ask a question, ya freakin' SFB? LOL

I learned quite a while back that very little of what you have to say is worth paying any attention to. It's mostly all shit.”

“Aw hell... China has turned into Republican Disneyland!

Tons of money to be made and no damn backtalk from the populace. Just shut up and work, you monkeys!”

“"I've been reading up on unions and they are more crocked than the politicians."

Oopsy poopsy! That's crooked, not crocked. Scratch that, they're crocked too.”

“Tilt, you talkin' to me??

>8^0”

“uh... No -- LOL”

“Yeah, yeah.....

My BS is well worth listening to!

!”

“Yep. Different SFB altogther!”

“San Francisco Boy ?”

“It's too bad that I still do not see any sources backing up your clam re: the "recovery", nigal. I don't mean to poke, but in order to believe your point, we must see independant sources (I don't concider CNN and the likes creditible). If not, I would have no ther choice but to think that you are joining in the Bush camps "say a lie enough times, it becomes truth"....”

“Tilt, you never served in the military. Why would you complain that Congress is guilty of the same thing you are.”

“oops. Sorry. Speaking in code again.

"something-For-Brains"



Hey, that Repetition thing worked wonders to sandbag Clinton's presidency. I wish Scaife had gone after al-Qaida Laden with half that zeal.

What the hell is Scaife up to these days? HMMMM?”

“Shame on ya Tilt, for sending other people's kids to fight a war that you won't send your own to!”

“Tilt is pretty vocal when he has nothing to say.”

“Sorry Q but I do not see every single post made on TT.

Here’s an AP report… http://www.presstelegram.com/Stories/0,1413,204~21478~2256454,00.html

Here’s the official White House web site. I’m sure you’ll wave it off but it does contain all the stats put out by governmental entities… http://www.whitehouse.gov/infocus/economy/index.html

And while you’re there be sure to drop in and see what’s new with Barney the First Dog and see his picture of the day… http://www.whitehouse.gov/barney/”

“What a great compliment, coming from you, LOL


Your logic has sprung a leak, though....

You're suggesting that *I* join up to die for your idiot's screw-up? Have you recently suffered head trauma?

Wouldn't it be just a bit more logical for the people who support George's nutball scheme to be out there? If you think this is such a noble endeavour, I hear Haliburton's still taking applications. The unhypocritical thing for you to do is get off your fat ass and Go! LOL”

“Nigal - The AP story made a big deal about what has now become relatively modest GDP growth. Real wages (adjusted for inflation) have actually fallen this year. The reason GDP is growing is because after tax corporate profits are skyrocketing. This is not a recipe for a sustained recovery (ask any mainstream economist) nor is it fair or reasonable.

The Bush website makes a big deal about the jobs created in the last 10 months. Even if you are willing to ignore all those who lost work before that turnaround, the average job creation for the last 10 months is below the average for all of Clinton's 8 years. And we're still down more than a million jobs since Bush took office despite a growing potential workforce. The 112,000 new payroll jobs created in June don’t even keep up with population growth. Manufacturing jobs were down and there are falling numbers for new durable goods orders.

If this all seems like great news to y'all, you're completely unreachable.”

“Sorry, nigal. I'll waive all of them off because they are all biased and it does not fulfill my request. I asked for independant sources, not the same old stuff. If these are your only sources, ten that point is bunk. Give me something wth teeth, then I'll believe you.”

“You can poke around here if you like laqtis: http://www.bls.gov/

You may come away a little confused though. Technically speaking, we have been in a recovery for quite some time now since 'recovery' is relative to Gross National Product. However, much of that recovery has gone to corporate profits, not the working stiffs (or 'between jobs') who make up the middle and lower classes as a result of a tax cut package that does nothing to stimulate aggregate demand.

The way to cure an economy suffering from excess inventory is not to make more money available to produce goods no one can buy - it's to help those who are out of work and the state and local governments who support them so that people have money to buy stuff. It's really that simple.”

“Let's just give violin the crying baby some money so he will shut up.”