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fintstone fintstone is offline
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Quote:
Originally posted by unfixed
stoney, what field are you in?

and someone please explain how bush stimulated the job market. low interest rates?
Cliff..I am retired from the miltary...Was an Engineer/Program Mgr (Elect Engineer/MBA type) before unemployed. Currently living on my modest investments.

Don't let these guys fool you. The overall economy is on fire. The unemployment rate is relatively low and still improving each month. It is weaker in some areas than others so where you live might be trailing.... But there have always been people out of work, so it is not unusual to have friends in that situation. The traditional measures of financial health in this country are better than in Clinton's first term in spite of 9/11 and the bust of the dot-com bubble. That is why the Kerry campaign reinvented the "misery index"...because the traditional one made the Bush economy look quite good. You will see posts of anywhere from a loss of 2 to 3 million jobs lost from some posters..they are either using old data or are mathmatically challenged. The actual number is down to around 1.5 million now and will be a lot less in a few months at the current rate.

Lower tax rates and lower interest rates stimulated the job market and prevented a deeper downturn. That along with the cyclical nature of the economy recovering from the recession that started in the last quarters of 1999.
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Old 05-07-2004, 10:09 PM
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