Estimates, expectations, adjustments, and liberalism . . . -- robdogdotcom

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Subject: Estimates, expectations, adjustments, and liberalism . . .

Author:
Rob Dog Bastard

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Date Posted: 05:42:38 07/09/04 Fri
In reply to: Ray 's message, "That's Still over a percentage point and a half higher than it was when he took office." on 04:03:17 07/09/04 Fri

Gosh Ray - I might be worried about your attack if it wasn't akin to a kitten charging after a lion. Where to start:

1) Congratulations on getting the employment numbers almost correct. 112,000 or so new jobs - a little less than half what was forecast for June.

2) You forget to acknowledge that the high forecasted job growth for June was based on the very high numbers we've been seeing in the previous year. A slowdown of a month or two in job growth is not a bad thing for the economy - as we learned from the tech boom, high economic growth rates are a bad thing in the long run.

3) You forget to acknowledge that the estimated number of people attempting to enter the workforce is not only just an estimate, but a rather poorly calculated one at that. Historically inaccurate, and based on questionable figures. So they can say whatever they like - the intelligent among us don't even pay attention to that number - it's worthless.

4) You say that the economy has been driven into the ground. You neglect to note that the American economy is still among the strongest on the planet. You neglect to note that the current unemployment rate is low (not as low as it's ever been, but low), and the growth is strong. You neglect to note that key indicators such as home ownership, savings, and consumer confidence/spending are up. You neglect to take into account much at all, really.

5) You say that it is Bush who is responsible for your imaginary bad economy. The recession started before he took office, and turned around 180 degrees into a period of unusually strong growth after 2 years of the Bush presidency. You also fail to note the worldwide recession which started before Bush took office - I suppose you don't think that has effected our economic status. Go pay a little visit to the European or Asian economic stats and compare them to ours - then be happy your here with our "poor" economy.

6) You resort to the standard line of idiotic liberal accusation without factual basis. Bush is a puppet. Remember high school english? A topic sentence then at least two supporting sentences Ray. And don't get me started on the utter lunacy of the Reagan/Bush Sr. commentary of yours.

Ray. You can do better than this, and I know it. Go read a newspaper. No! Not - "The National Enquirer" - try the Wall Street Journal, I think you'll have better results.

Kisses.

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Replies:

Subject	Author	Date
Smoke and Mirrors, and Lies..	Ray	06:07:50 07/09/04 Fri
Re: Smoke and Mirrors, and Lies.. -- Uncle Jimmy, 11:08:23 07/09/04 Fri Re: Smoke and Mirrors, and Lies.. -- Ray, 22:12:20 07/09/04 Fri Re: Smoke and Mirrors, and Lies.. -- Unlcle Jimmy, 22:36:56 07/09/04 Fri