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But how do you keep these numbers at the same time?
Looking for honest answers, not sarcasm.

http://www.foxnews.com/story/0,2933,295655,00.html

"Numbers like 4.5 percent unemployment — the lowest on earth.

And 4 percent quarterly growth — about the highest on earth."

2007-09-05 06:40:54 · 14 answers · asked by jrldsmith 4 in Politics & Government Politics

I thank the majority of you you for your honest and well thought out answers.

2007-09-05 08:26:11 · update #1

14 answers

When the unemployment was a little over 5% when Clinton was in office the media just wouldn't shut up about how great the economy was and how it would never be that low again. Interesting how you hear NOTHING about the unemployment rate now unless you go to the Fox News Channel. No wonder all the liberals hate that channel. They use actual facts and statistics and not rhetoric.

You should have known that the libs next argument would be that all the jobs are at McDonalds. Funny how my salary has doubled since Bush has been in office since the fortune 500 company I work for is doing so well. Many others are enjoying the same success. It is painful isn't it libs to see our country's economy isn't as bad as you hoped it would be?

2007-09-05 06:54:35 · answer #1 · answered by Rich people employ me 5 · 1 3

For one thing, citing Fox News is like if I cited Air America. You wouldn't believe anything from that source, and I don't believe anything Fox has to say.

Those numbers look good on the face of it. However...

We also have the highest deficit in our history.

Most Americans are making less now then they were in previous years, the current generation is the first generation that has not made more than their parents.

While there is less unemployment, remember that it was also very low during the Clinton administration. One reason the current unemployment rate is so low is that many people have given up trying to find work at their level, and have taken lower paying jobs because there was no other choice.

I could go on, but the point is that reading off a number is meaningless. When you look at the details of these number, you find that most Americans are not doing very well. That, and the war, are the reasons that GWB has had job ratings at or below %30 for the last two years (the worst record in history).

2007-09-05 13:54:56 · answer #2 · answered by Wundt 7 · 1 1

You may have the numbers at 4.5 percent unemployment but you have go a little deeper than that son. Where are these jobs being made? They are in the service sector. The largest sector is the service sector which is in retail, nursing aides, janitorial jobs, and other jobs like this that are very low paying. The fastest growing job in the U.S today is janitorial positions. Do you really think we can grow an economy on 6 to 8 dollars an hour? My suggestion is to get past the numbers you provided and start analyzing the data which is where the real information and the real economic indicators and direction lies. Sorry to inform you with some reality but minimum wage jobs that are replacing with real jobs at $30,000 to $40,000 are not going to do the economy any good no matter how you try to magically crunch the numbers.

The high paying jobs of the dot com era and manufacturing era have all been outsourced. And, those dot com jobs and computer jobs were great jobs that actually contributed to a healthy economy under Clinton. Many have been outsourced to China and India along with Human resources, bill collection and even IRS jobs since 2001.

2007-09-05 13:52:16 · answer #3 · answered by Anonymous · 2 1

A $7.25/hr McJob is not a $30-50,000 manufacturing job.

You also haven't taken into consideration that the figure 4.5 doesn't take into consideration people who are not employeed but their unemployment benefits have run out.
Once they no longer receive unemployment they are no longer factored in to the equation.

So they go get a $7.25/hr McJob.

I wonder how soon this figure will change to reflect the construction workers now that so many home building contracts have dried up from the house crisis!?!?!

2007-09-05 13:53:06 · answer #4 · answered by Kelly B 4 · 1 1

The unemployment can not be accurately tracked because people drop off the unemployment payroll after a certain amount of time. Once they are no longer collecting unemployment, how are they tracked?

Can you explain how "the hit to economy is far from over" article that is now showing on yahoo from the treasury department?

2007-09-05 13:51:41 · answer #5 · answered by MI 6 · 2 1

your poor are employed that's the problem. despite growth people are losing homes et al. communist china currently has the worlds largest growth rate. not that there's really anything socialist about them.

the 4% unempolyment doesn't account for the people bush kicked off of unemployment. the people still exist they just aren't counted and don't recieve benefits.

2007-09-05 13:55:03 · answer #6 · answered by Anonymous · 1 1

Show me the numbers for underemployment!

We're a service based economy, that equates to low wages. The jobs we lost to outsourcing werent usually the best, but they were higher paying and better jobs than where we're having growth now.

2007-09-05 13:52:53 · answer #7 · answered by Showtunes 6 · 3 1

What, exactly, does 4% "seasonally adjusted" unemployment mean? Certainly you are not naive enough to actually think that only 4% of the people in this country are fully employed?

4% quarterly growth before inflation adjustment of 3%. Corporations are making higher profits, those making $350,000/yr and up are doing quite well. The rest of us are struggling against stagnant wages and higher prices.

Sure wish I live in your world.

2007-09-05 13:51:29 · answer #8 · answered by Anonymous · 2 4

Dems have no desire to help the less fortunate, it's the big lie...the idea is to keep them dependent on handouts...any facts that fly in the face of the notion that they are "helping" are just ignored...that's been the way of it for decades.

2007-09-05 13:47:25 · answer #9 · answered by makrothumeo2 4 · 6 2

Do you know how unemployment is calculated? Those who aren't drawing checks are no longer counted regardless of whether they are looking for work. The unemployment rate is a bogus way to prove fiscal stability of a country.

BTW...I'm not a Democrate.

2007-09-05 13:44:35 · answer #10 · answered by paganmom 6 · 6 6

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