That Scott McClellan is a laugh riot

Quote of note:

"Today's employment report shows our economy is moving forward and it also is a reminder that we're in a changing economy," McClellan said.

Poor Jobs Figure a Sharp Blow to Bush - Analysts
Fri Aug 6, 2004 02:00 PM ET

By Alan Elsner
WASHINGTON (Reuters) - Disappointing job creation figures issued Friday were a sharp blow to President Bush, making it much more difficult for him to argue on the campaign trail that the economy has turned the corner, analysts and pollsters said.

The Labor Department reported Friday that U.S. employers added a meager 32,000 workers to payrolls last month, stunning Wall Street economists who had forecast a gain of 228,000. The department also revised job figures down by 61,000 for May and June.

"This is not good news for the president, especially since his approval ratings on the economy had begun to inch up a little to around 47 or 48 percent," said Andrew Kohut of the Pew Research Center.

"It also comes at a very bad time, just when voters have started to pay closer attention to the conditions they see around them when they consider whether Bush deserves another four years," he said.

Posted by Prometheus 6 on August 6, 2004 - 3:00pm :: Economics
 
 

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Terra upgrade! Orange you glad?

Posted by  Mr.Murder (not verified) on August 8, 2004 - 7:13pm.