Sunday, April 04, 2004

Jobs, Jobs, Jobs

The Bush domestic situation is getting better fast and leaving Democrats with fewer and fewer things to complain about. The economy has been growing very quickly for some time now, consumer confidence is up, productivity is up. The one thing this left Democrats to complain about is the slow pace at which the US was generating jobs (despite the fact that any economist will tell you that the job market is a lagging indicator – the last thing to recover from a recession). Now, though, the democrats can’t even legitimately complain about jobs.The totals are in for the month of March, and the Bush administration has created 308,000 jobs. In addition, the figures for January and February of this year were revised upwards by a total of 87,000 jobs.

The Democrats will continue to complain of course. Senator Kerry has already said, “After three years of punishing job losses, the one-month job creation announced today is welcome news for America's workers; but for too many families, living through the worst job recovery since the Great Depression has been, and continues to be, far too painful.” Is he scraping the bottom of the barrel or what?You can rest assured that the Democrats are hoping for far worse job creation numbers in the following months; if the numbers are good, it’s just another nail in Kerry’s coffin.

0 Comments:

Post a Comment

<< Home