Prometheus 6: Treasury Secretary John W. Snow is no fool

Do not make the mistake of thinking that because my conclusion is the same as another person's that my reasoning is the same

A Good Cause or Two

Click for more info

The Best of P6

The Racism Series The Reparations Series Installing a negro in your head Identity Blogging Where We Stand The LimbaughDiscussion That has Nothing To Do With Limbaugh

Updated when I write something really cool

Search

Local Links

The Attack on Civil Rights Corporate Influence on Government The Development of Race Basic Laws of Human Stupidity Blogger Archives

EMAIL ME AT

Blog-related mail may be published

The Public Library

The Black Experience in America The Souls of Black Folks My Bondage and My Freedom The Martin Luther King Jr. Collection Walker's Appeal The Shaping of Black America, Ch. 3

Updated as frequently as possible

Archives

August 08, 2004 - August 14, 2004 August 01, 2004 - August 07, 2004 July 25, 2004 - July 31, 2004 July 18, 2004 - July 24, 2004 July 11, 2004 - July 17, 2004 July 04, 2004 - July 10, 2004 June 27, 2004 - July 03, 2004 June 20, 2004 - June 26, 2004 June 13, 2004 - June 19, 2004 June 06, 2004 - June 12, 2004 May 30, 2004 - June 05, 2004 May 23, 2004 - May 29, 2004 May 16, 2004 - May 22, 2004 May 09, 2004 - May 15, 2004 May 02, 2004 - May 08, 2004 April 25, 2004 - May 01, 2004 April 18, 2004 - April 24, 2004 April 11, 2004 - April 17, 2004 April 04, 2004 - April 10, 2004 March 28, 2004 - April 03, 2004 March 21, 2004 - March 27, 2004 March 14, 2004 - March 20, 2004 March 07, 2004 - March 13, 2004 February 29, 2004 - March 06, 2004 February 22, 2004 - February 28, 2004 February 15, 2004 - February 21, 2004 February 08, 2004 - February 14, 2004 February 01, 2004 - February 07, 2004 January 25, 2004 - January 31, 2004 January 18, 2004 - January 24, 2004 January 11, 2004 - January 17, 2004 January 11, 2004 - January 17, 2004 January 04, 2004 - January 10, 2004 December 28, 2003 - January 03, 2004 December 21, 2003 - December 27, 2003 December 14, 2003 - December 20, 2003 December 07, 2003 - December 13, 2003 November 30, 2003 - December 06, 2003 November 23, 2003 - November 29, 2003 November 16, 2003 - November 22, 2003 November 09, 2003 - November 15, 2003 November 02, 2003 - November 08, 2003 October 26, 2003 - November 01, 2003 October 19, 2003 - October 25, 2003 October 12, 2003 - October 18, 2003 October 05, 2003 - October 11, 2003 September 28, 2003 - October 04, 2003 September 21, 2003 - September 27, 2003 September 14, 2003 - September 20, 2003 September 07, 2003 - September 13, 2003 August 31, 2003 - September 06, 2003 August 24, 2003 - August 30, 2003 August 17, 2003 - August 23, 2003 August 10, 2003 - August 16, 2003 August 03, 2003 - August 09, 2003 July 27, 2003 - August 02, 2003 July 20, 2003 - July 26, 2003 July 13, 2003 - July 19, 2003 July 06, 2003 - July 12, 2003 June 29, 2003 - July 05, 2003 June 22, 2003 - June 28, 2003 June 15, 2003 - June 21, 2003 June 08, 2003 - June 14, 2003 June 01, 2003 - June 07, 2003 May 25, 2003 - May 31, 2003 May 18, 2003 - May 24, 2003 May 11, 2003 - May 17, 2003 May 04, 2003 - May 10, 2003 April 27, 2003 - May 03, 2003 April 20, 2003 - April 26, 2003 April 13, 2003 - April 19, 2003 April 06, 2003 - April 12, 2003

« Feedster has an interesting thing going on | Main | If you're going to be a racist, don't be a chickenshit racist »

February 18, 2004

Treasury Secretary John W. Snow is no fool

February 18, 2004
Bush Officials Offer Cautions on White House Jobs Forecast
By EDMUND L. ANDREWS

RICHLAND, Wash., Feb. 17 — Treasury Secretary John W. Snow distanced himself on Tuesday from the Bush administration's official prediction that the nation would add 2.6 million jobs by the end of this year.

That prediction, which is far more optimistic than that of many private sector forecasters, was part of the annual economic report released last week by the White House Council of Economic Advisers and was immediately echoed by Mr. Bush himself.

But on a tour through Washington and Oregon to promote the president's economic agenda, Mr. Snow and Commerce Secretary Donald L. Evans both declined to endorse the White House prediction and cautioned that it was based on economic assumptions that have an inherent margin of error.

"I think we are going to create a lot of jobs; how many I don't know," Mr. Snow said, adding that "macroeconomic models are based on a lot of assumptions" and are "not without a range of error."

Unemployment and the nation's surprisingly sluggish pace of job creation has become a significant political weakness for Mr. Bush, who is on track to be the first president since Herbert Hoover to end his first term with fewer jobs than when he started.

Posted by P6 at February 18, 2004 08:37 AM
Trackback URL: http://www.niggerati.net/mt/mt-tb.cgi/446
Comments

Post a comment