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Puck
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PostFri Nov 05, 2004 8:43 am    Economy Added 337,000 Jobs in October

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Economy Added 337,000 Jobs in October

Friday, November 05, 2004



WASHINGTON � The number of new jobs soared at the sharpest rate in seven months in October, the government reported on Friday, helped by a surge in construction activity as hurricane-racked areas in the Southeast were rebuilt.

A surprisingly strong 337,000 jobs were added to payrolls last month � twice the 169,000-job growth that Wall Street economists had forecast. However, the unemployment rate edged up to 5.5 percent from 5.4 percent in September as more people joined the search for employment, the Labor Department (search) said.

New hiring in October was more than twice as strong as the upwardly revised 139,000 jobs that were created in September. The data pointing to revival in the labor market comes days before Federal Reserve (search) policy-makers, meeting Wednesday, are expected to nudge official short-term interest rates up for a fourth time this year, by a quarter percentage point, to lift the federal funds rate to 2 percent.

Kathleen Utgoff, commissioner of the Bureau of Labor Statistics (search), noted that a 71,000-addition in construction jobs � the biggest since March 2000 � "reflected rebuilding and cleanup activity in the Southeast following the four hurricanes that struck the U.S. in August and September."

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Birdy
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PostFri Nov 05, 2004 8:44 am    

Well, that's good news!

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Defiant
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PostFri Nov 05, 2004 11:50 am    

After the millions that Bush has lost, he has finally started to fix his mistake?

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Birdy
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PostFri Nov 05, 2004 11:58 am    

Defiant wrote:
After the millions that Bush has lost, he has finally started to fix his mistake?


Probably


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Republican_Man
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PostFri Nov 05, 2004 6:17 pm    

Defiant wrote:
After the millions that Bush has lost, he has finally started to fix his mistake?


How did BUSH lose them? And you forget 9/11 and the Clinton-Gore Recession, Defiant. You don't have to defy that.



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Defiant
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PostFri Nov 05, 2004 11:22 pm    

There was NO Clinton-Gore recession. During the Clinton-Gore presidency, the economy was the best it had been ever. Bush ruined that. He spent the deficit, he gave tax cuts to the rich, he lost millions of jobs...

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Arellia
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PostFri Nov 05, 2004 11:28 pm    

I don't understand this whole 'only to the rich' thing. He gave tax cuts to everybody. It was being fair. And do you know who deficit spent like CRAZY? Franklin D. Roosevelt. His advisor, John Keynes, said that deficit spending can get you out of a recession. FDR deficit spent through the depression, wouldn't you know. And jobs. How is it that Bush gets in and right off *magically* loses jobs. Where'd they go?

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Republican_Man
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PostFri Nov 05, 2004 11:31 pm    

Defiant wrote:
There was NO Clinton-Gore recession. During the Clinton-Gore presidency, the economy was the best it had been ever. Bush ruined that. He spent the deficit, he gave tax cuts to the rich, he lost millions of jobs...


Yes, there was a Clinton-Gore Recession. Yes, Clinton had a pretty good economy, but the end of his term brought on a recession, sparked, I believe, by the Bubble Burst. However, if you look at the charts, you'll see that it started before the Bush Economic plan came into action--which was in October of '01.

Exalya wrote:
I don't understand this whole 'only to the rich' thing. He gave tax cuts to everybody. It was being fair. And do you know who deficit spent like CRAZY? Franklin D. Roosevelt. His advisor, John Keynes, said that deficit spending can get you out of a recession. FDR deficit spent through the depression, wouldn't you know. And jobs. How is it that Bush gets in and right off *magically* loses jobs. Where'd they go?


Not EVERYBODY got tax cuts (my parents didn't) however 109 Million people did, and I find it HARD to believe that they're all rich.



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Arellia
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PostFri Nov 05, 2004 11:35 pm    

Hmn...well, tax benefits are pretty steep for some people. Single working parent with a less-than-average job doesn't even pay taxes. They actually recieve a good deal of money. Not to mention the credit Bush paid back for having children. Right or wrong, I'm not sure... I'm pretty sure it's an alright thing, though.

Last edited by Arellia on Fri Nov 05, 2004 11:36 pm; edited 1 time in total


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Republican_Man
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PostFri Nov 05, 2004 11:36 pm    

Exalya wrote:
Hmn...well, tax benefits are pretty steep for some people. Single working parent with a less-than-average job doesn't even pay taxes. They actually recieve a good deal of money. Not to mention the credit Bush paid back for having children. Right or wrong, I'm not sure...


It's all good...And I also say that we should get rid of the Death Tax.



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Republican_Man
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PostFri Nov 05, 2004 11:41 pm    

I know that this is from Conservatives, but...

Quote:
Former Gore supporter sets the record straight

Friday, June 11, 2004

This letter is in response to the former Bush supporter ["Former Bush supporter," June 9, 2004]. I'm from the other side. I voted for Gore in 2000, and I'm campaigning and intending to vote for President Bush this November.


You said that you oppose President Bush's positions on many foreign and domestic policies. I will address them in the order that you placed them in.


First is the preemptive war in Iraq: Given the past behavior of Saddam Hussein, I, as well as President Bush believed taking the fight to the ousted Iraqi leader was worth the cost. True, it is costing the United States billions of dollars, as well as the lives of our courageous men and women in uniform, but I believe the cost of not taking the fight to Saddam is far more than what we would originally believe.


Kuwait's most abundant resource is oil. When Saddam invaded Kuwait, he wanted the Kuwaiti oil fields for himself. Had he acquired them, he could've launched an all out war on the entire Middle East, and would most likely not be stopped. Our allies in the Middle East such as Saudi Arabia (who I personally believe is not an ally), as well as Jordan, Turkey, and Egypt, would've turned to Saddam for protection, rather than continuing to rely on the protection of the United States, which would cost us valuable support in that region of the world. Not only that, but if Saddam did acquire the Kuwaiti oil fields, he could've developed multiple weapons of mass destruction (even though he did), that would've made him the most powerful man in the world and not even the United States could stop him.


In a sense, the first war was about oil, not the second one. But it wasn't about the United States acquiring oil from Iraq. It was about preventing Saddam from acquiring the oil fields of Kuwait.


Also, if you oppose President Bush's preemptive war in Iraq, why did Presidential Candidate John Kerry (in 2003), former President Clinton, Congressman Dick Gephardt, and Senator Tom Daschle make the same case as President Bush during the early to mid 1990's? Why did two UN resolutions say that Saddam was in violation of resolution 1441? The answer is because Saddam did have weapons of mass destruction, but he also had enough time to hide them very well, in places that we might never find them.


I will not go into stem-cell research because I haven't studied that issue very much, I will say, however that I am strongly pro-life, and believe a fetus is a person at conception.


Now as to the monumental deficit: Let me ask you this question: Were we not attacked on September 11th at the economic world trading center? Did an attack against the United States not occur on US soil? Did we not lead a war in Afghanistan to topple the Taliban, who was housing Osama bin Laden?


Were we not left with a recession when Bush went into office? Sure you can say that we were going to receive a projected budget surplus, but in reality, the economy started to tank the day after Microsoft was broken up. The Clinton-Gore recession started the economic down-turn, and in reality, Clinton was warned in 1998 of a recession that would occur in or near 2000, but Clinton did nothing. So when Bush took office, the Clinton-Gore recession was blamed on him because the majority of the recession was on his watch, even though it started under Clinton's.


Even with what this country has been through, our economy is speeding upward, homeownership is above 60%, the unemployment rate continues to drop, more than one million jobs have been created since the beginning of the year, the progression of the Iraqi people having their own Iraqi government continues to move forward, and the United States is winning the war on terror.


As far as President Bush being unable to speak coherently, you show me one person who speaks English correctly, and I'll show you someone who is an English teacher.


You said that you oppose President Bush's stance on "separation of church and state". Show me exactly where in the constitution it states that the church and state must be totally separate. If my memory serves me correctly, the first amendment states "Congress shall make no law respecting an establishment of religion, or prohibit the free exercise thereof..."


Now, I don't know about you, but that tells me that if a student wants to pray at school, if people want to place a nativity scene in a public display, if a teacher wants to lead her class in a prayer (and all students agree), a judge wants to pray before court (and all parties in the courtroom, including the audience agree), they are free to do so. This bogus law of "separation of church and state" is nowhere in the Constitution, and nowhere in the United States statutes of laws. It has not been recognized as a formal law, and I pray it never does.


You said that you are tired of President Bush's "corporate scandals." There has never been a president to my knowledge to have as many scandals as President Clinton. And what's worse is President Bush is being blamed for illegal activity that took place under Clinton's watch. Why do you think Enron is no more? It's because President Clinton allowed them to conduct their illegal operations without intervention. Whenever President Bush took office, he laid the hammer down. Enron was destroyed in the process. Haliburton is rebuilding Iraq, but if you remember correctly, the Clinton administration also asked them to rebuild the Balkans after the US lead war against Slobodan Milosevic.


I'm not going to waste my time on your insult against President Bush. That just shows your intelligence and maturity level. But I wanted to set the record straight on President Bush's "dimwitted" record. May God bless President Bush. I look forward to four more years under the Bush Administration.


Adam Deadmond
Centralia


http://www.illinoisleader.com/letters/lettersview.asp?c=16530

Also check out http://home.fuse.net/camelot/WMD/Employment/



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Puck
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PostSat Nov 06, 2004 1:31 am    

Defiant wrote:
After the millions that Bush has lost, he has finally started to fix his mistake?


Clearly you haven't been paying attention the past four months when I have posted job gainings . And isn't that what you want, for him to fix it? Stop being so cynical.


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Defiant
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PostSat Nov 06, 2004 3:47 am    

He lost all the jobs, and now in the past about 3 months, hes gained a few back. Its not a good thing, its simply unacceptable, and will only start to be good, if he actually gains jobs, which I dont see happening anytime soon.

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Jeremy
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PostSat Nov 06, 2004 8:51 am    

The thing is that almost all Western countries are losing jobs. It's because it's so much cheaper to move to the Pacific Rim countries such as Thailand and make things there, because the labour costs are so much lower there. So Bush is doing really well if jobs are being made at a time like this.

I'm not saying what he did was wrong, as I don't know enough about it, but Clinton stopped benfit for people if they'd been having it for 2 years. I'm sure that that was good for them, basically the equivalent of decreasing taxes for the rich.


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Toad
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PostSat Nov 06, 2004 11:45 am    

JanewayIsHott wrote:
Defiant wrote:
After the millions that Bush has lost, he has finally started to fix his mistake?


Clearly you haven't been paying attention the past four months when I have posted job gainings . And isn't that what you want, for him to fix it? Stop being so cynical.

Amen!!!!!! I wish Defiant would stop being so defiant to the truth and actually know what he's talking about.


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Republican_Man
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PostSat Nov 06, 2004 12:16 pm    

Lt.CmdrWorf wrote:
JanewayIsHott wrote:
Defiant wrote:
After the millions that Bush has lost, he has finally started to fix his mistake?


Clearly you haven't been paying attention the past four months when I have posted job gainings . And isn't that what you want, for him to fix it? Stop being so cynical.

Amen!!!!!! I wish Defiant would stop being so defiant to the truth and actually know what he's talking about.


EXACTLY to both of you.

Defiant wrote:
He lost all the jobs, and now in the past about 3 months, hes gained a few back. Its not a good thing, its simply unacceptable, and will only start to be good, if he actually gains jobs, which I dont see happening anytime soon.


Defiant, where have you been? WHERE HAVE YOU BEEN? Since 9/11, over TWO MILLION JOBS have been created--and NOT JUST IN THE LAST THREE MONTHS!



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Arellia
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PostSat Nov 06, 2004 12:17 pm    

Defiant wrote:
He lost all the jobs, and now in the past about 3 months, hes gained a few back. Its not a good thing, its simply unacceptable, and will only start to be good, if he actually gains jobs, which I dont see happening anytime soon.


I still haven't gotten an answer to my question. How is it that he lost jobs? What did he do?


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Republican_Man
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PostSat Nov 06, 2004 12:24 pm    

Exalya wrote:
Defiant wrote:
He lost all the jobs, and now in the past about 3 months, hes gained a few back. Its not a good thing, its simply unacceptable, and will only start to be good, if he actually gains jobs, which I dont see happening anytime soon.


I still haven't gotten an answer to my question. How is it that he lost jobs? What did he do?


That's basically what I've been asking, but of course they can't explain it. He doesn't want to remember the Clinton-Gore Recession and most of all wants to forget 9/11 and the thing known as a "business cycle."



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Jeff Miller
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PostSat Nov 06, 2004 12:27 pm    

Republican_Man wrote:
Exalya wrote:
Defiant wrote:
He lost all the jobs, and now in the past about 3 months, hes gained a few back. Its not a good thing, its simply unacceptable, and will only start to be good, if he actually gains jobs, which I dont see happening anytime soon.


I still haven't gotten an answer to my question. How is it that he lost jobs? What did he do?


That's basically what I've been asking, but of course they can't explain it. He doesn't want to remember the Clinton-Gore Recession and most of all wants to forget 9/11 and the thing known as a "business cycle."


of course lets not forget Bushes daddy before Clinton the guy sucked so much he lost re election remember that? in the words of his father before he lost re election

"Its not me whos out of touch its all of them."


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Arellia
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PostSat Nov 06, 2004 12:30 pm    

Jeff Miller wrote:


of course lets not forget Bushes daddy before Clinton the guy sucked so much he lost re election remember that? in the words of his father before he lost re election

"Its not me whos out of touch its all of them."


Actually, I attribute Bush Senior's loss to two things--Clinton is, I must admit, a VERY good politician. And has everyone forgotten Ross (Was it 'Russ'? I forget...) Puro? He took a great deal of the conservative vote, and the attention, away from Bush. If Puro hadn't gone downhill after the supposed "Threats" against his family, he had a good chance of actually winning. So I've heard.

... *sing-songs* Nobody wants to answer my queeeeestion.



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Republican_Man
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PostSat Nov 06, 2004 12:33 pm    

Exalya wrote:
Jeff Miller wrote:


of course lets not forget Bushes daddy before Clinton the guy sucked so much he lost re election remember that? in the words of his father before he lost re election

"Its not me whos out of touch its all of them."


Actually, I attribute Bush Senior's loss to two things--Clinton is, I must admit, a VERY good politician. And has everyone forgotten Ross (Was it 'Russ'? I forget...) Puro? He took a great deal of the conservative vote, and the attention, away from Bush. If Puro hadn't gone downhill after the supposed "Threats" against his family, he had a good chance of actually winning. So I've heard.

... *sing-songs* Nobody wants to answer my queeeeestion.


But we can't answer your question, because it's just not true.



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Jeff Miller
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PostSat Nov 06, 2004 12:35 pm    

whats not true?


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Arellia
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PostSat Nov 06, 2004 12:37 pm    

Republican_Man wrote:

But we can't answer your question, because it's just not true.


Yay! Someone understands my point! Nobody can quite say why, because Bush didn't do anything. It happened. Unless someone can give me a logical answer for how, then obviously it wasn't his fault. I'll still take an answer if anyone wants to give it to me. *heh-heh*


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Founder
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PostSat Nov 06, 2004 12:37 pm    

Defiant wrote:
He lost all the jobs, and now in the past about 3 months, hes gained a few back. Its not a good thing, its simply unacceptable, and will only start to be good, if he actually gains jobs, which I dont see happening anytime soon.


Did you just say its unnacceptable that people are starting to get their jobs back and employment is increasing? Wow with every post you make, I know I made the right choice on going with Bush and the Conservatives.


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D_Star
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PostSat Nov 06, 2004 12:42 pm    

Defiant wrote:
There was NO Clinton-Gore recession. During the Clinton-Gore presidency, the economy was the best it had been ever. Bush ruined that. He spent the deficit, he gave tax cuts to the rich, he lost millions of jobs...


#1 President has no power to spend, that power lies in the Congress. Which had a majority in the senate by the dems thanks to Jeffords.

#2 Clinton /Gore were in a plane which had lost engines and promptly bailed out via parachutes and left GWB at the pilots seat oon a collison course. Anyone who doesnt know this or denies it is living in a fantasy world.


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