8.06.2004

Those Economic Numbers Sucketh Wildly

The latest jobs report, showing far less growth for July than economists expected, is shaping up as a flash point on the campaign trail with President Bush's stewardship of the economy already a target of criticism by Democratic challenger Sen. John Kerry. Even before the report from was released, Kerry blasted Bush, saying jobs have been lost under his administration.
From CNN.

Now step aside from Bush and Kerry and partisanship. The collective information we have on jobs is really quite bad. People - except for CEOs and military industrialists - are earning much less than before. This reduction isn't a matter of having to buy a Kia Sephia over a Ford Taurus, it's a reduction that leaves people late on car, house, etc. payments.

We keep being told that more people than ever before own homes. Unfortunately, more people than EVER before are also losing their homes because of the economy.

No American can afford to buy this BS about the great jobs and the rebounding economy.