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Republican_Man
STV's Premier Conservative
Joined: 26 Mar 2004
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Location: Classified
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 Fri Aug 06, 2004 9:31 pm Economy Shows 11 Straight Months of Job Gains |
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| Georgewbush.com wrote: |
Unemployment Rate Drops to 5.5% -- Lowest Since October 2001
News, August 6, 2004
New jobs figures released on August 6, 2004 and other recent indicators show that President Bush's economic policies continue to move the economy forward - but there is more work to do.
The economy has posted job gains for each of the last eleven months - creating 1.5 million jobs since August 2003, including 32,000 new jobs in July according to payroll survey statistics released today by the Bureau of Labor Statistics (BLS). The BLS also released new household survey data showing a much larger gain of 629,000 new jobs in July, with a total of 2.3 million jobs added since August 2003.
The national unemployment rate declined to 5.5% in July - down 0.8 percentage point from a peak of 6.3% in June 2003 and the lowest rate since October 2001. At 5.5%, the unemployment rate is below the average of the 1970s, 1980s, and 1990s.
Employment over the last year was up in 46 of the 50 states and the unemployment rate was down in all regions and in 47 of the 50 states.
The manufacturing sector, which started to decline in mid-2000, has added 91,000 jobs since its low in January.
Background: President Bush's Actions are Moving Our Economy Forward - Now is Not the Time to Turn Back
The labor market has improved considerably since shortly after the President's Jobs and Growth bill took effect last May, but there is still more work to be done. Factories are busier, families are earning more, homeownership remains at record levels, and people are returning to the labor market and finding work.
America's standard of living is on the rise. Real after-tax incomes are up by 10% since December 2000 - substantially better than the gains following the last recession. Since the President's 2001 and 2003 tax cuts, personal consumption levels have risen substantially.
Consumer confidence is at its highest level in 2 years. The Conference Board's index of consumer confidence increased nearly 30 index points in the past 12 months, from 77 last July to 106.1 this July.
The national homeownership rate, in the second quarter of 2004, was at an all time high of 69.2 percent. Minority homeownership set a new record of 51% in the second quarter, up 0.2 percentage point from the first quarter and up 2.1 percentage points from a year ago.
Core inflation remains low by historical standards.
Mortgage rates remain near historic lows, making homebuying easier and more affordable.
More to Do: President Bush will not be satisfied until every American looking for work has found a job. The Administration must continue to push forward on a pro-growth economic agenda that meets the needs of the American people.
Making tax relief permanent - raising taxes now would put the brakes on our growing economy.
Providing worker skills - preparing Americans for the skilled jobs of our changing economy.
Controlling health care costs - giving America's working families greater access to affordable health insurance by providing association health plans and health savings accounts.
Reducing regulation - ensuring that Federal regulations do not handicap America's entrepreneurs by streamlining regulations and reducing paperwork.
Reducing frivolous lawsuits - supporting enactment of medical liability reform, class action lawsuit reforms, and asbestos litigation reforms to expedite resolutions and curb the costs lawsuits impose on American businesses.
Adopting the National Energy Policy (NEP) - ensuring that America has a reliable and affordable source of energy and reducing our dependence on foreign sources.
Opening new markets overseas - helping to create jobs at home by expanding markets for America's products and services around the world.
President Bush is bringing our economy back, and it is growing again and creating new jobs. He will keep moving forward with the policies that are strengthening our economic recovery.
President Bush has acted decisively to bring us back from recession to recovery. He has:
Enacted tax relief for families by lowering tax rates for all taxpayers, increasing the child credit, and reducing the marriage penalty.
Phased out the death tax, helping to preserve family farms and businesses.
Encouraged business growth by providing incentives for small businesses to invest.
Made the stock market stronger by cutting taxes on dividends and capital gains.
Passed the strongest corporate governance reforms since FDR was President.
Proposed his Jobs for the 21st Century initiative to improve education for high school students and train workers for industries creating the most new jobs. |
www.georgewbush.com
What do you all think?
The economy is getting much better, in my opinion.
-------signature-------
"Rights are only as good as the willingness of some to exercise responsibility for those rights- Fmr. Colorado Senate Pres. John Andrews
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Defiant
Fleet Admiral
Joined: 04 Jul 2001
Posts: 15946
Location: Oregon City, OR
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| Fri Aug 06, 2004 9:52 pm |
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I think it is getting better, yes. Because Bush realized he messed up really bad, and tried to cover it. He is the reason the economy was so bad. So its not good, its bad. Its bad that he has to drop things so badly, to make himself look good by bringing it back up.
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Puck
The Texan
Joined: 05 Jan 2004
Posts: 5596
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| Fri Aug 06, 2004 10:00 pm |
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Only 32,000 jobs were added this month, which is good...but stocks crashed today, down nearly 150 points...almost as bad as yesterdays 160 something, which means the stock market has fallen to somewhere around 9850(estimate). Yes it is improving, but it is obviously still unstable, and there is still work to be done.
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Defiant
Fleet Admiral
Joined: 04 Jul 2001
Posts: 15946
Location: Oregon City, OR
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| Fri Aug 06, 2004 10:51 pm |
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Yes, and I know why.
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Seven of Nine
Sammie's Mammy
Joined: 16 Jun 2001
Posts: 7871
Location: North East England
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| Sat Aug 07, 2004 4:20 am |
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You know, I actually like the US economy being weak? It means I get a better deal when buying stuff from the US (we've got a really strong economy right now- the only major worry is that house prices are still rising way above what they should be).
Go on, keep going, keep going 
(As of this second, �1 will get me $1.84- when I started buying online it would only get me about $1.55)
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Puck
The Texan
Joined: 05 Jan 2004
Posts: 5596
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| Sat Aug 07, 2004 11:25 am |
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Thanks for caring about the millions of people without any jobs, and about the fact that our stock marker is apparently not happy with ANY news that comes out. 
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Jeremy
J's Guy
Joined: 03 Oct 2002
Posts: 7823
Location: Aberdeen, Scotland
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| Sat Aug 07, 2004 6:06 pm |
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| Defiant wrote: | | I think it is getting better, yes. Because Bush realized he messed up really bad, and tried to cover it. He is the reason the economy was so bad. So its not good, its bad. Its bad that he has to drop things so badly, to make himself look good by bringing it back up. |
What else should he do? Keep on messing it up? I don't know much about the American economy but it's not all good. I heard a report from the BBC on one or the main swing states and it was supposed to be doing really badly with jobs. The point that the figures also came from georgebush.com could make a it a tad biased! (Not saying other reports are the opposide side of the coin.)
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Republican_Man
STV's Premier Conservative
Joined: 26 Mar 2004
Posts: 14823
Location: Classified
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| Sat Aug 07, 2004 7:18 pm |
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| Defiant wrote: | | I think it is getting better, yes. Because Bush realized he messed up really bad, and tried to cover it. He is the reason the economy was so bad. So its not good, its bad. Its bad that he has to drop things so badly, to make himself look good by bringing it back up. |
Hello! Defiant! What's about the Clinton-Gore recession that Bush inherited, huh? And the bubble burst? And the greatest of all--SEPTEMBER 11TH, or do you forget that!? It is NOT Bush's fault that the economy is so bad--look at all those factors---9/11 had a TREMEMDOUS impact on our economy.
| JanewayIsHott wrote: | | Only 32,000 jobs were added this month, which is good...but stocks crashed today, down nearly 150 points...almost as bad as yesterdays 160 something, which means the stock market has fallen to somewhere around 9850(estimate). Yes it is improving, but it is obviously still unstable, and there is still work to be done. |
Of course there's work to be done-plus, there was the new terror threat, which makes people uneasy, but I'm sure that the market will turn around.
| Seven of Nine wrote: | You know, I actually like the US economy being weak? It means I get a better deal when buying stuff from the US (we've got a really strong economy right now- the only major worry is that house prices are still rising way above what they should be).
Go on, keep going, keep going
(As of this second, �1 will get me $1.84- when I started buying online it would only get me about $1.55) |
Oh, come on Seven! You benefit from our lower economy, and so you like it!! Shame on you, I thought you were better than that. Good thing that the recovery is speeding up! 
| JanewayIsHott wrote: | | Thanks for caring about the millions of people without any jobs, and about the fact that our stock marker is apparently not happy with ANY news that comes out. |
Agreed.
| Jeremy wrote: | | Defiant wrote: | | I think it is getting better, yes. Because Bush realized he messed up really bad, and tried to cover it. He is the reason the economy was so bad. So its not good, its bad. Its bad that he has to drop things so badly, to make himself look good by bringing it back up. |
What else should he do? Keep on messing it up? I don't know much about the American economy but it's not all good. I heard a report from the BBC on one or the main swing states and it was supposed to be doing really badly with jobs. The point that the figures also came from georgebush.com could make a it a tad biased! (Not saying other reports are the opposide side of the coin.) |
Guess what: The BBC is biased! It is your version of CNN, hence is COMPLETELY biased.
The economy IS getting better, ESPECIALLY in some swing states, etc. The BBC is slanting it like the US economy is bad, just like most of the US media.
-------signature-------
"Rights are only as good as the willingness of some to exercise responsibility for those rights- Fmr. Colorado Senate Pres. John Andrews
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Puck
The Texan
Joined: 05 Jan 2004
Posts: 5596
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| Sun Aug 08, 2004 12:36 am |
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| Quote: | Guess what: The BBC is biased! It is your version of CNN, hence is COMPLETELY biased.
The economy IS getting better, ESPECIALLY in some swing states, etc. The BBC is slanting it like the US economy is bad, just like most of the US media |
To give the BBC credit where it is deserved, they did a lovely interveiw with Clinton after his auto-biography came out. And you RM would have liked it the most. He got noticably mad at the reporter for...helping the right. 
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Seven of Nine
Sammie's Mammy
Joined: 16 Jun 2001
Posts: 7871
Location: North East England
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| Sun Aug 08, 2004 4:41 am |
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Hey, my getting a better deal is the only thing I like about the economy being bad over there (although that does improve our economy somewhat, so its confusing).
I thought the job situation was getting better over there? If it continues to do that and the dollar can still be weak against the pound then we all win  (except those buying from the UK).
OK, I'm confused... still at $1.84 to the � though.
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Theresa
Lux Mihi Deus
Joined: 17 Jun 2001
Posts: 27256
Location: United States of America
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| Sun Aug 08, 2004 11:33 am |
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I think it's the selfishness of your comment that caused the contention, Danni. You like how it benefits you, but aren't really concerned about the people that are suffering because of it.
No worries, though. The economy is on an upswing, so you ought buy all you can right now.
-------signature-------
Some of us fall by the wayside
And some of us soar to the stars
And some of us sail through our troubles
And some have to live with our scars
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Republican_Man
STV's Premier Conservative
Joined: 26 Mar 2004
Posts: 14823
Location: Classified
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| Sun Aug 08, 2004 12:05 pm |
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| JanewayIsHott wrote: | | Quote: | Guess what: The BBC is biased! It is your version of CNN, hence is COMPLETELY biased.
The economy IS getting better, ESPECIALLY in some swing states, etc. The BBC is slanting it like the US economy is bad, just like most of the US media |
To give the BBC credit where it is deserved, they did a lovely interveiw with Clinton after his auto-biography came out. And you RM would have liked it the most. He got noticably mad at the reporter for...helping the right. |
He was NOT helping the right, and I heard about that interview. To give THAT person credit, he was trying to give him a decent, tough interview. It doesn't make the BBC ANY Less Liberal.
| Seven of Nine wrote: | Hey, my getting a better deal is the only thing I like about the economy being bad over there (although that does improve our economy somewhat, so its confusing).
I thought the job situation was getting better over there? If it continues to do that and the dollar can still be weak against the pound then we all win (except those buying from the UK).
OK, I'm confused... still at $1.84 to the � though. |
The job situation IS getting better, overall. And I see what you mean, but what about those people that DON'T have jobs, etc. How do you feel about that?
| Theresa wrote: | I think it's the selfishness of your comment that caused the contention, Danni. You like how it benefits you, but aren't really concerned about the people that are suffering because of it.
No worries, though. The economy is on an upswing, so you ought buy all you can right now. |
Agreed on all fronts, of course, with Theresa's comment.
-------signature-------
"Rights are only as good as the willingness of some to exercise responsibility for those rights- Fmr. Colorado Senate Pres. John Andrews
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Seven of Nine
Sammie's Mammy
Joined: 16 Jun 2001
Posts: 7871
Location: North East England
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| Sun Aug 08, 2004 3:50 pm |
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I hope they get all the help they need to find a job, since I know what it's like to be in that position.
(and the BBC isn't Liberal, it's conservative. There again, I don't think you have access to all the channels over there).
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Jeremy
J's Guy
Joined: 03 Oct 2002
Posts: 7823
Location: Aberdeen, Scotland
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| Sun Aug 08, 2004 4:23 pm |
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Agreeing with Danni here. The BBC isn't that biased. Generally it gives a fair view on things. Sometimes the converage on one side of things is less than the other, but its always got different sides shown.
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Republican_Man
STV's Premier Conservative
Joined: 26 Mar 2004
Posts: 14823
Location: Classified
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| Sun Aug 08, 2004 7:40 pm |
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| Seven of Nine wrote: | I hope they get all the help they need to find a job, since I know what it's like to be in that position.
(and the BBC isn't Liberal, it's conservative. There again, I don't think you have access to all the channels over there). |
Oh, no no no! It, like ALL British media, is LIBERAL. I may not see it too often, but I can tell that it's Liberal, especially since it's a British news source. Media is OVERWHELMINGLY NOT Conservative, ESPECIALLY in countries like France and Britain.
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"Rights are only as good as the willingness of some to exercise responsibility for those rights- Fmr. Colorado Senate Pres. John Andrews
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Kyre
Commodore
Joined: 15 Mar 2002
Posts: 1263
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| Mon Aug 09, 2004 10:24 am |
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The BBC is entirely unbiased, funded as it is by public money.
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Republican_Man
STV's Premier Conservative
Joined: 26 Mar 2004
Posts: 14823
Location: Classified
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| Mon Aug 09, 2004 1:35 pm |
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| Kyre wrote: | | The BBC is entirely unbiased, funded as it is by public money. |
My word! It is NOT "unbiased!" My Lord--NO media is unbiased!
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"Rights are only as good as the willingness of some to exercise responsibility for those rights- Fmr. Colorado Senate Pres. John Andrews
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Seven of Nine
Sammie's Mammy
Joined: 16 Jun 2001
Posts: 7871
Location: North East England
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| Mon Aug 09, 2004 1:48 pm |
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OK, tell us what its bias is. And don't just say liberal, explain it.
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Republican_Man
STV's Premier Conservative
Joined: 26 Mar 2004
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Location: Classified
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| Mon Aug 09, 2004 1:55 pm |
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| Seven of Nine wrote: | | OK, tell us what its bias is. And don't just say liberal, explain it. |
Well you know what, I'm going to, in a sense, "Pull back" my statement.
From what I have heard they are Liberal--virtually ALL media is, ESPECIALLY media that is in Britain, which is biased to the left.
They are anti-Bush/Blair, and I've heard from MANY viewers of it (and not just right-wing conservatives) that it is Liberal-biased, and I am sure it is.
However, I haven't really seen any BBC programing myself, and that's why I am "pulling back" my statement in that sense, although I believe that it IS LIBERAL, and I'm sure it is from what I've heard--ESPECIALLY since it's British and it's media.
It's DEFINITLY, though, for sure, NOT unbiased and NOT biased towards the right.
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"Rights are only as good as the willingness of some to exercise responsibility for those rights- Fmr. Colorado Senate Pres. John Andrews
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Seven of Nine
Sammie's Mammy
Joined: 16 Jun 2001
Posts: 7871
Location: North East England
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| Mon Aug 09, 2004 1:59 pm |
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It's neither for nor against Bush/Blair, there's about the same amount of good and bad news on them on the BBC.
The only thing that happened is they got into trouble for saying the intelligence wasn't rock solid on going to Iraq, and that has (a year later) been confirmed by a government inquiry. So they were right
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Theresa
Lux Mihi Deus
Joined: 17 Jun 2001
Posts: 27256
Location: United States of America
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| Mon Aug 09, 2004 2:03 pm |
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PBS is publicly sponsored, and it's biased... I don't see how who pays the bills affects how it's controlled. (in this manner)
-------signature-------
Some of us fall by the wayside
And some of us soar to the stars
And some of us sail through our troubles
And some have to live with our scars
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Republican_Man
STV's Premier Conservative
Joined: 26 Mar 2004
Posts: 14823
Location: Classified
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| Mon Aug 09, 2004 2:04 pm |
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| Seven of Nine wrote: | It's neither for nor against Bush/Blair, there's about the same amount of good and bad news on them on the BBC.
The only thing that happened is they got into trouble for saying the intelligence wasn't rock solid on going to Iraq, and that has (a year later) been confirmed by a government inquiry. So they were right |
That says nothing.
And the intel DID seem rock solid--you could say that it was.
We have yet to find substantial WMD stuff, but that does NOT mean that they still should have put that on their news--And I'm SURE that they are anti-Bush/Blair, but you're Liberal, so perhaps it's different.
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"Rights are only as good as the willingness of some to exercise responsibility for those rights- Fmr. Colorado Senate Pres. John Andrews
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Jeremy
J's Guy
Joined: 03 Oct 2002
Posts: 7823
Location: Aberdeen, Scotland
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| Mon Aug 09, 2004 2:12 pm |
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They are not biased. They cover both sides of the arguments as leave people to make up their own minds. I'm not saying they don't cover a liberal side, but they also cover a more fundamentalist side as well. They cannot be judged on one story (the war in Iraq) as being liberal.
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Republican_Man
STV's Premier Conservative
Joined: 26 Mar 2004
Posts: 14823
Location: Classified
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| Mon Aug 09, 2004 2:14 pm |
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| Jeremy wrote: | | They are not biased. They cover both sides of the arguments as leave people to make up their own minds. I'm not saying they don't cover a liberal side, but they also cover a more fundamentalist side as well. They cannot be judged on one story (the war in Iraq) as being liberal. |
I know, but it's become clear that they ARE Liberal, but let's please get off that topic and jump back to the economy.
Overall, look at the numbers displaid above.
It shows some pretty good stuff.
--Edit--
And NO MEDIA OUTLET is NOT biased. ALL media is biased, usually to the left.
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"Rights are only as good as the willingness of some to exercise responsibility for those rights- Fmr. Colorado Senate Pres. John Andrews
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Kyre
Commodore
Joined: 15 Mar 2002
Posts: 1263
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| Thu Aug 12, 2004 8:26 pm |
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| Theresa wrote: | | PBS is publicly sponsored, and it's biased... I don't see how who pays the bills affects how it's controlled. (in this manner) |
Could you clarify what you mean by publicly sponsored please?
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