Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

why don't we call them on 1.7 million jobs in 12 months? That is pitiful!

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
NewJeffCT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-04 11:12 AM
Original message
why don't we call them on 1.7 million jobs in 12 months? That is pitiful!
For weeks now, the RW echo chamber has been repeating the mantra of 1.7 million jobs in 12 months like it is a good thing. Heck, Dickie Cheney brought it up last night...

Has anybody actually pointed out to them that 1.7 million jobs a month is actually pitiful, but only looks good because the previous 12 months were a disaster of epic proportions when it came to job creation?

Most economists say that you need to create at least 150,000 jobs per month just to stay even with a growing population (greater number of new workers entering the workforce each month as opposed to retiring/dropping out) - some estimates are 175,000 to 200,000 jobs per month.

Even using the most conservative estimate of 150,000, the Bush economy would have had to have created 1,800,000 jobs in the past 12 months just to stay even. For his 42 months in office, the Bush economy should have created 6.3 million jobs, but has actually lost well over 1 million.

As a comparison, an AVERAGE month under Bill Clinton brought the economy almost 240,000 jobs. That means that an average 12 month period under Clinton created almost 2.9 million jobs, or 1.2 million jobs higher than the numbers the RW echo chamber is bragging about.

I hope somebody can bring this up besides me...
Printer Friendly | Permalink |  | Top
antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-06-04 11:23 AM
Response to Original message
1. And what kind of jobs are they anyway?
If the jobs don't pay well and don't have benefits (like health insurance),it doesn't really help.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri May 03rd 2024, 03:53 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC