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Jon8503 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 01:46 PM
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Jobs Report A Problem For Bush
Edited on Fri Oct-08-04 01:47 PM by Jon8503
October 8, 2004

The final major economic report before the presidential election was a setback to President Bush and will provide further talking points for challenger John Kerry in tonight's debate.

Undoubtedly in the debate tonight, Mr. Bush will claim the economy has turned around. But Friday's unemployment number makes that a tougher sell. In the vice-presidential debate, Dick Cheney boasted that 1.7 million jobs have been added to nonfarm payrolls over the last year. And the hope was the September report would elevate that number.

John Kerry immediately pounced on the unemployment report, charging it was "a disappointment" and that 1.6 million private-sector jobs have been lost during the Bush presidency.

In tonight's debate, look for Mr. Kerry to note that during the Clinton years an average of 2.8 million jobs -- 2.6 million in the private sector -- were added every year, or about 230,000 a month.

Part of Article from the Wall Street Journal, Subscription Required:

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bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-04 01:49 PM
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1. They will probably continue their current scheme of ignoring the obvious
Say what you want, but ignoring the obvious has been a working strategy for them for quite a little while now, and I don't see them dropping it any time soon.

Bryant
Check it out --> http://politicalcomment.blogspot.com
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