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« Good Questions | Main | Hypocrisy Among Tennessee's Leftists? No! Really? » June 30, 2004Another 250,000 More-Likely To Vote For BushReuters reports: U.S. employment likely surged again in June, taking gains this year to some 1.4 million jobs and bolstering President George W. Bush's economic record ahead of the November election, analysts said on Wednesday. Economists believe 250,000 jobs were created this month, virtually matching May's jump of 248,000...That would make it almost 1.2 million jobs created in the just the last four months (1,197,000, to be more exact). I blame the Bush economic policies. Incidentally, that means job creation over the last four months is clicking along at an annualized pace of nearly 3.6 million jobs. John Kerry has promised his economic policies would create 10 million jobs over four years - or more than four million fewer jobs than the current pace of job-growth generated by the Bush Boom. Comments
does that account for the 1.4 million new college graduates that are looking for work? Posted by: wms at June 30, 2004 3:40 PMI imagine that the 1.4 mil coming on-line are probably balanced by retirees and deaths in the workforce. J. Posted by: JLawson at June 30, 2004 4:14 PMHonestly if you look at the average economists predictions of job gains for the last few months and compare it to what actually happened, I'd be surprised if the numbers for June weren't a lot closer to 300k jobs produced. Add in the number of new small businesses from the entrepreneurial boom that began last year, the recovery in the manufacturing sector, and the supply crunch as inventories are depleted and you've got the makings of an incredibly robust long term economic expansion. Which begs the question, will the Kerry camp now choose "Born under a bad sign" as they're new theme song? Posted by: Robert Modean at June 30, 2004 6:29 PMAnd on the note of a "robust long term economic expansion", just think about all the seasonal jobs that have been created, AND the fact that they will last longer since they have to produce more thanks to higher demand. For instance, take companies like Hallmark and American Greetings. And then their employees will spend more money on the market because they made more money because they had their jobs longer, and so on and so forth. Everybody from the top down benefits in some way or another financially. Posted by: Isaiah at June 30, 2004 9:38 PMIt seems that, here in Knoxville, the greatest growth in jobs is in the collections and repo business. Posted by: SemiPundit at July 1, 2004 2:45 AMWrong again Semipundit: http://www.knoxnews.com/kns/business/article/0,1406,KNS_376_3003432,00.html http://www.knoxnews.com/kns/business_columnists/article/0,1406,KNS_319_2793637,00.html In the future, try reading the local paper. Posted by: Lance at July 1, 2004 3:20 AMPost a comment
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