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We added 132,000 more workers than jobs. How many of those new workers are illegals?
Investors are always demanding better performance from the companies they invest in, and companies have been cutting workforce and outsourcing to meet these demands. So why are investors disappointed by the completely predictable ensuing consequences?
...are all Bush knows about the economy and all he thinks he needs to know.
Ahh I remember that $600 check George Bush mailed me back in 01. It was the most expensive $600 I ever lost money on.
Just wait until it comes out that the Bush administration has been faking economic news. Then the equity markets will really tank, and there goes the economy.
Just one example:
Note that the Institute of Supply Management's most recent index had fallen below 50% - indicating a contraction in manufacturing.
On the other hand, the federal durable goods numbers showed a very substantial increase.
These two contradict each other. Who ya gonna believe?
The Bushites weaseled the CIA into faking 'evidence' to 'justify' the conquest of Iraq, so just think of how much easier it would be to intimidate the federal button counters.
And just why wouldn't they? Faking economic statistics would make it appear that Bush's economic policies aren't so bad after all, but would make it seem that those policies are doing some good.
Which isn't even remotely possible.
When the big decline comes, things aren't just going to be ugly. They're going to be weird ugly.
We have a REAL economy based on home ownership and trickle down economy.
Not at all like the phoney Clinton economy where they averaged only 240,000 jobs per month across the 96 month administration.
What we have now is MUCH better.
This week, 30 top economists across the nation, including John Kenneth Galbraith, endorsed John Edwards for President.
Today, I got my December stock statement.
John Edwards for President!
If the economy keeps going sour then maybe we'll start seeing some Wall Streeters going off their meds and getting hauled away on 5150s.