Another example of neo-cons being out of touch with reality?

Question

The Labor department released new employment data today.
Since most of the neo-cons around here continue to crow about how great the economy is, I thought I would ask them to respond to this latest batch of less than stellar economic news.


http://news.yahoo.com/s/ap/20070504/ap_on_bi_go_ec_fi/economy

"The nation's unemployment rate edged up to 4.5 percent in April as cautious employers added the fewest new jobs in more than two years, signaling that the labor market is starting to feel some of the strain of the sluggish economy.

The new tally of jobs added to the economy was the fewest since 65,000 jobs were added in November 2004.

The new report also showed that job gains in February and March turned out to be a bit weaker than previously reported.
The economy in the January-to-March quarter grew at a feeble pace of 1.3 percent, the weakest in four years. It's the most up-to-date figure on gross domestic product, the best barometer of the country's economic fitness

ATTN: Neo-cons. Please read beyond the title of the article. The increase in the unemployment rate was only part of the article. Thanks.

Answer 1

You have to remember, these are the same people who went on and on about all the new jobs being created, and ignored the fact that more high paying jobs were disappearing, and the ones replacing them were all low paying.

Reality and these guys aren't on the same page. Hell, they aren't even in the same book!

Answer 2

Next month there will be a press release saying that the unemployment rate dropped to 4.3 percent signaling that the economy is starting to grow. It's a month to month figure that always gets covered by the media. Heck, 4.5 unemployment is not bad. I can remember during the Carter years when that number was closer to 8 percent.

Answer 3

Since Bush took office something (no I can't find the link sorry) like the richest 10% of the americans control 70% of the economy which rose from like 51% since he has taken over. That is just to show who is actually making money, and I know not one person in here is in that 10%.

All you have to do is look outside or drive down the street or watch your local news to see what factory closed in the last few days to know that their praise for a booming economy is a load of bs.

Answer 4

Un employment rate edged up to 4.5% from 4.4%, still lower that any percentage during the clinton administration. The middle class is shrinking because more and more people are finding a way up from it and not down. No one in this country is starving to death. I own a dry cleaner in the "ghetto" of miami which I employ fifteen people from all different nationalities. I am close with all of them and ask for their insight regularly. Poor in this country equals microwave oven, color tv, and internet. I don't want to hear this **** any more. FREE education, that's all you should get! If the living standard in this country sucks so bad....GET THE **** OUT

Answer 5

Would you like the economy fall into a recession or another depression, raising unemployment? I'd say 1.3% growth is still better than a lose.

Answer 6

And how is 4.5% a bad thing? Bill Clinton's era never produced this number. So more employment is a bad thing? Is that the reality that the Liberals want? That seems to be implied from you question. It always amazes me how a Liberal sees the world.

Answer 7

Lifes good for them.. They keep getting richer and richer and are closer to completing their plan for a NWO with total control over us, than ever before.

Answer 8

Maybe you should study history and see where an unemployment rate of 4.5% stands.

Answer 9

Jobs?!

Jobs?!

We don't need no stinkin jobs.

We got money.

And, thanks to the conservatives, we got more of it than we know what to do with - hey, we don't even care about gas prices because we also own stock in the oil companies.

Vote conservative - keep the mindless greed going.