My boy Max
MaxSpeak's calling the Shrub out on his promise to make some jobs by sucking cash outta normal folks and giving it to peeps what don't give a damn.
Well, the first month of our little marathon has rolled around. The Bureau of Labor Statistics has released its report for June. Did we get 344,000 new jobs? No, we got 30,000 fewer jobs. That's net; jobs gained minus jobs lost. (This means that to get back to quota, we need 344,000 + 344,000 + 30,000 jobs next month. It's the 'Establishment Survey' that we are following here. The household survey shows a much bigger job loss -- over 100,000.
…It is amusing to note the panic setting in among some righties like Robert Novak, whining this morning in the Post that the Fed isn't doing enough. But the Fed has done most of what it can, since it can't drive the interest rate much lower. Zero beckons. IT'S THE TAX CUTS STUPID! THEY AREN'T WORKING!!
In the comments somebody say the cuts is doing what they supposed ta. Prolly right.
posted by Prometheus 6 at 7/3/2003 07:00:25 PM |
Posted by P6 at July 3, 2003 07:00 PM
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