White House: 2.6 Million New Jobs in '04

[phillybri]

http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=5&u=/nm/20040209/bs_nm/bush_jobs_dc

WASHINGTON (Reuters) - The U.S. economy should shed its jobless label this year with the creation of about 2.6 million new positions, the White House forecast on Monday.

If realized, the jobs turnaround could help President Bush (news - web sites)'s re-election prospects. Bush has faced withering fire from Democrats over the lack of new jobs.

In the annual Economic Report of the President, the White House said the number of workers on U.S. non-farm payrolls was likely to rise to an average to 132.7 million this year from a 2003 average it thought would come in at 130.1 million.

Now here's the kicker:

Last year, the Bush administration was looking for the creation of about 1.7 million jobs. But the economy actually lost 53,000 jobs, bringing the total number of jobs lost since Bush took office to 2.2 million.

[Shakespeare]

1. Well, that's all the evidence we need the * is definitely stll on drugs.

No WAY will that many jobs be created.

[Just Me]

2. ,...blah blah blah blah bullshit blah blah blah blah blah,...

,...their "forecasts" have been crap to date,...my guess is that this is just some more flower-covered crap,...

[judge_smales]

3. If he means jobs in

India or China, I belive it.

In the US? No f*)^&!@g way.

[rocktivity]

4. From zero to 2.6 million jobs in ten months?

If you believe that, I have a bridge in Brooklyn you might want to buy...but I'm saying that assuming he means these jobs will be created in America!


rocknation

[benfranklin1776]

17. But wait,haven't you heard the new Enron style Rethug spin?

It explains where all these supposed new jobs are to come from, they'll just reclassify all the unemployed people. I read this in a letter to the editor in my hometown paper this morning, the author said that Junior should be praised for his tax cuts that allowed two million people to become "self employed"! So Orwell's world of 1984 is alive and well. Unemployment is now to be referred as "self-employment" so whenever people are laid off they are to thank Junior for freeing them to become "self employed." Just as Hoover freed all those folks in the early thirties. Yessirree the stooges are getting quite desperate I would say as the spin machine is at maximum whirl.

[NeoConsSuck]

30. Maybe they'll start counting..

all the front lawn lemonade stands popping up in the local neighborhoods.

[benfranklin1776]

32. Yep. To them that would be an example of a "great new opportunity"

In their world of Joe Isuzu, Enron-style job accounting that would count the same as an IT job or a manufacturing position. There are lies, damn lies and then there are Bush Administration statistics.

[mumon]

56. Course that's another issue: what KIND of jobs?

Wal-Mart's not expanding even that much.

[UpInArms]

5. ROFLMAO!!!

That was the best humor/comedy posting I have seen in months!

Thanks! I needed a laugh as I am getting too depressed for comedy on the layoff watch.

[CO Liberal]

6. McDonalds Will Be Hiring That Many???

:-)

[Cooley Hurd]

8. Wouldn't that mean they would have to build a Wal-Mart...

...in every town in the US with a population greater than 50?

If true, that means we'll be up to our asses in shitty merchandise...

[saigon68]

11. Wally World on lookout for Seniors to pay their Medicare deductibles

A lot of new "Greeters" needed

[Beetwasher]

7. Let's See, Last Year

They said they would create 1.7 million jobs, but lost 53,000.

So by my reckoning, if they say they are going to creat 2.6 Million, they are actually going to lose around 105,000 jobs...

They also said Iraq had stockpiles of WMD's...Why should any still believe a single thing coming from these morons is beyond me...

[Trajan]

9. I think they are talking about the Draft ....

[trotsky]

10. LOL, I love the Onion! Such biting satire! Oh wait...

...it's NOT from the Onion? They're serious?

Then it's even funnier!!!

[ozymandius]

25. Bush to Business Leaders: Create 500k Shit Jobs by 2003

WASHINGTON, DC—In a keynote address at the National Economic Summit, President Bush issued a bold challenge to the nation's business leaders Monday, calling on them to create 500,000 shitty jobs by next year.

"So long as unemployment continues to rise, this recession will continue, as well," said Bush, speaking before nearly 400 of the nation's top CEOs. "That is why I am turning to you to create thousands of new shit jobs. Whether it is a night-shift toilet-cleaning position at an airport or a fry-cook post at a KFC, it's up to you to help provide every hard-working American with a demeaning, go-nowhere job."

<cut>
Concluding his speech, Bush reiterated his commitment to creating lousy fucking jobs for all.

more...

[trotsky]

45. OMFG, that's incredible.

Life imitates The Onion. The * mis-administration is officially a parody of itself.

[saigon68]

63. TOO COOL!!!! I e-mailed that to everyone I know

Outrageous!!!!!

[hobbes159]

12. I no longer need to read fantasy novels

Who needs fantasy when you have White House predictions on jobs, budget, economy, etc...

[mhr]

13. Are These Folks On Drugs Or What?

eom

[Bonobo]

14. But what if I don't WANT to work at MacDonalds?

[JPace]

15. Blah blah blah....

its coming...
next month...
next year...
blah blah blah
here it comes...
its almost here...
its on its way...
blah blah blah...

year, after year, after year...same old lies!

[colonel odis]

16. make that 2,598,621 jobs after the blue cross layoff n/t

[PROGRESSIVE1]

18. Most of the new jobs are low paying.

All spin by the "Librul" media.

:puke:

[rocktivity]

23. Check out this list of the hottest occupations in New Jersey

From a Star-Ledger article that had the nerve to be titled "Hiring Outlook Bright."



Note that only two of them require a four-year degree, and that three out of four average less than thirty thousand dollars.


rocknation

[mhr]

28. The Computer Jobs Will Be Gone Via Off-Shoring So Those Don't Count

Everything left is lower wage and generally lower skilled.

Wake up America, this is your future!

[mumon]

62. And of those "software engineers"

How many of 'em are in defense?

A horrible industry to work in, in my experience.

[Laughing Mirror]

19. 2.2 million? Thought 3 million was a conservative estimate

I guess the chronically unemployed are muted over to the self-employed category and thus effectively off the radar.

[Yavin4]

20. Reminds me of the sign in my bar

Free Beer Tomorrow.

[MrBenchley]

21. Yeah, that's the ticket.....

It is almost like having Joe Isuzu in the White House, except that Joe wasn't also a near-psychotic drunk who killed people.

[tom_paine]

22. More lies lies lies lies LIES

LIE LIE LIE LIE LIE

CAUGHT IN A LIE? TELL SIX MORE LIES LIES LIESLIES DOWN THE MEMORY HOLE NO ONE REMEMBERS ALL SLEEPING IN FRONT OF THE TV LIE LIE LIE LIE LIE LIE LIE LIEBACKWARD EIL EIL EIL LIE LIE LIE

I remember when America was free. It wasn't long ago, but feels like a lifetime after being groung under the lying heel of Free-Market Soviet/Bushevik Pravda with only the other shoes of spying and oppression yet to fall.

[truthisfreedom]

24. butshh you shhyou haveshh to shhundershhtand, thishh preshhident ishh a

waRtime preshhident, and of courshh a wartime preshhident hashh to contendshh withshh a great deal more than a regular preshhident.

gosh-darnit, i hate his g*ddamned affectation.

never mind the fact that he dragged us into an unjustified war under false pretenses.

[Jeff in Cincinnati]

26. Down the Memory Hole...

Last July, Team Bush was predicting that his tax cut would create an average of 306,000 new jobs every month. After having missed that mark substantially -- creating an average of 18,000 per month -- the Administration is now revising its prediction downward to just 216,000 jobs per month.

That's a thirty percent reduction in job creation -- think anybody in the mainstream media is going to notice?

Think they'll pick up on the fact that with a half-trillion dollar deficit, that comes to just under $200,000 in debt for each new job created?

Think Bush will actually create that many jobs?

[The_Casual_Observer]

27. Snow said he would "Stake is reputation" on 200k+

a month job growth at the end of last year. He was cocksure of it.

The sad fact is that their only recourse now is to "talk up" the economy, as if "building confidence" is all that is required to turn things around. This nonsense about the economy actually improving no more valid than the claims of WMD. It should be rejected as dangerous, since real harm is being done as none of the problems that are causing it are being addressed.

[underpants]

29. I smell incorporation of immigrants under the new bill into the total

"New" jobs will be comprised of jobs that already exist but that were not previously counted.

[Zero Gravitas]

31. repeat something enough times

and the morans will start to believe it (except for those who don't have jobs, or their new job pays 1/3 less than the old one...)

Reality to Bush: you're not fooling us anymore.

[northzax]

33. right, I mean technically

when my employer laid me off, and then hired me as a consultant, they created a new job. one that didn't exist before. of course, they also eliminated a job, so the net gain? well, less than one since it went from a full time employee to a part time consultant.

[Name removed]

34. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Beetwasher]

35. Oh Really?

Have you ever read Krugman? Do so, before you drink the koolaid...

Where are the jobs? Answer that, or go away...

[The_Casual_Observer]

36. Then again, maybe it's another lie

like EVERYTHING else that comes from this "administration".

Would love to see one actual factual indication that things are "improving" just ONE.

[Gin]

37. he speaks the truth....but he forgot to add this tidbit...all the jobs

will be in China or India.

[Media_Lies_Daily]

42. Not to mention Mexico, Canada, and any country in the Far East.

[Triana]

44. uh-huh...

Ice hockey pucks are the #1 selling item at the WalMart in Hell too.

Speaking of MalWart - I didn't know they needed so many greeters...I guess once they open all their planned stores in Mexico, China, India, and on Mars, maybe they will!

;)

[Zero Gravitas]

38. Its the JOBS, stupid

I hate to break it you but ordinary Americans don't give a crap about corporate profits or the DJA, they care whether they have decent jobs with decent benefits. The economy can 'recover' all it wants but so long as the only jobs being created are low wage & low benefits ones its not going to do you or your Great Leader any good at all.

But you can't expect the likes of Cheney or especially George W. Bush who has never worked a day in his life to understand that sort of thing.

[stopbush]

40. Anybody here have the energy to educate

our newest troll?

[Media_Lies_Daily]

43. You must be referring to the economists that are paid by the U. S.

[MUAD_DIB]

46. Beetwasher is looking for a simple reply. Have one?

Can you point to any factual data that suggests that the economy, and job growth, are on the upswing?

Revised 16,000 job groth in Dec.? Woo Hoo! 112,000 in January?

Does anybody know exactly in what industry these jobs were created and if they were full or part time positions?

Econo-missts have been predicting that the recovery is "just around the corner" for two and a half years now.

Would you want to buy a car from one of these guys, or from *, knowing their track record?

[lancdem]

49. They've been predicting strong job growth for months

and it has yet to pan out. That's why we're dubious. The WH's track record is very bad.

[hyphenate]

51. A "jobless recovery"

Is NOT a recovery, it's a dead end path.

[Name removed]

54. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Beetwasher]

55. Bwhahahaha How Pathetic

How pathetic. GDP has NOT increased substantially. If you were paying attention you'd know it was below expectations in the last report. A 1.9% avg GDP growth is beyond awful.

http://www.bea.doc.gov/bea/dn/home/gdp.htm

Consumer confidence was down significantly in the last report.

Jobs have not even increased enough to keep up w/ population growth.

Please indicate where Krugman has done anything except claim that this recovery is a farcical. Some indicators are up, but not where it counts; JOBS. Duh...

Here, have some kool aid...

[Name removed]

68. Deleted message

Message removed by moderator. Click here to review the message board rules.

[The_Casual_Observer]

69. from an isolated 'underground' website

1. Over 300,000 jobs have been added in the last few months

Christmas time low wagers

2. the GDP continues to post impressive gains (4.0 percent in the fourth quarter) and there are no signs of this stopping.

They expected higher than this. Anyway GDP is probably meaningless with defecits at all time highs.

3. Real personal consumption expenditures continue to increase.

Combo of tax cut income & borrowed money from home refi.

4. Home ownership is at the highest level ever.
Population contiues to grow, along with condo ownership with 2 low wage income familes.

5. If you want to count self-employed or contract workers.

Give me a break


6. Personal income has increased and continues to.

Out of thin air or by inflation perhaps.

7. Exports have increased and continue to.
To Iraq??? & raw materials and surplus industrial machinery to China perhaps.


8. The unemployment rate continues to decrease

As the unemployed are dropped from the rolls and are no longer counted.

[mumon]

58. Nonsense. REAL unemployment is

about 10% (when you include "discouraged" workers, people who can't enterinto the work force, etc.)

Here's a little secret for you:

GDP doesn't really measure what is necessarily "good."

When somebody gets cancer and goes to a hospital - the GDP goes up.

When an oil tanker has a spill and billions have to be spent on a clean-up - the GDP goes up.


When America buys body-bags for a bogus war - the GDP goes up.


When 2 people get divorced and set up separate households - the GDP goes up.



The GDP going up doesn't mean that more people are going to get jobs. Hence the current problem.

[0007]

65. Idiocy????

Yes, I've had enough of of West Texas BS.

[xxqqqzme]

53. everybody saying it

don't make it so....

[mumon]

57. Economists are ONLY counting the increase in GDP.

That don't mean squat if a corporation's GDP comes from services rendered in India and "sold" in the US.

Now what about employment???

[stopbush]

39. "If realized, the jobs turnaround could help

President Bush's re-election prospects."

Boy, that sure rings true for me! Unemployed since May 2001, went through my 401k savings (after paying a hefty fee for early withdrawal), then through my bank savings, then had to sell my home and relocate, now living off the profit made on selling the home, renting a place in a new city and - 8 months into it here - STILL no job despite many interviews.

Then there's the prospect of eternal Republican wars. Not exactly something one looks forward to when one has young children.

So, yeah, if bush happens to come up with some crappy job for me by the election, I'll not only vote for him, but I'll gladly send him a $2000 donation and change my lifelong party affiliation to republican! Let bygones be bygones I always say.

"In case you didn't notice, I was being sarcastic." - Homer Simpson

[Media_Lies_Daily]

41. Pretty soon they'll start counting the folks who use up their...

...unemployment benefits as being employed.

Who could dispute their claim?

[Mithras61]

47. If the economy was getting better...

the unadjusted U6 would be going down.

The unadjusted U6 in Dec. 2003: 9.6
The unadjusted U6 for Jan. 2004: 10.9

Source: Bureau of Labor Statistics (http://www.bls.gov/webapps/legacy/cpsatab12.htm)

That tells me that Shrub's "uptick" in the employment scenario is based on people falling off the unemployment rolls, not on any real increase in employment.

[Beetwasher]

48. Indeed. Good Catch!

n/t

[hyphenate]

50. There is only so much

Sh*t we can take, and those numbers in that article are PURE BS.

Yes, I'm sure that corporations created MANY, MANY jobs during the past three and a half years, in fact, I can definitely say they have! Unfortunately for US, those jobs are in India, Pakistan, Malaysia, China, Taiwan, and any other one of a dozen countries where the labor is cheap and the benefits are non-existent.

[Yavin4]

52. I Find It Ironic

that the same people extolling self-employment are the same people that mocked the dot coms as being a huge sham.

[mumon]

60. Ummm... but weren't they?

I mean, self-employment= pretty dumb, but the dot coms largely were a sham.

[matcom]

59. HAHAHAHAHAHAHA

funniest. thread. ever.

[radfringe]

61. ummm...based on a 12 month year

and this would include last month .... that's about 21,000 jobs per month he will have to add

now is this 2.6 million the gross amount or the net amount after you subtract the layoffs that are and will be announced?

[underpants]

64. Sorry rad but your number is off by thaaaat much

2,600,000/12=216,666.67

They would need to add ~217,000 NEW jobs per month. Lessee what was added last month? 112,000? Something like that.

[pinniped]

66. I forecast that ASSHOLE will be unemployed along with his evil empire...

but they may be able to secure "McJobs" making license plates in prison.

[newyorican]

67. a lot easier to talk an economy down...

than to talk one up, eh George?

[daleo]

70. That's a lot of jobs to create in December

But, once people know the shrub is gone, anything is possible.

[tedzbear]

71. It's not gonna happen! See my link...

http://cbs.marketwatch.com/news/story.asp?guid=%7BF0542557%2D91DC%2D4D0C%2D8033%2DA1E9BBE67CC6%7D&siteid=mktw

:kick:

[trotsky]

72. Wow

Now that's a nice bit of information right there. Good to see more media outlets un-spinning the White House spew.