Lousy employment report makes Bush campaign job harder

[L.A. BRONCOS FAN]

WASHINGTON — As he campaigns these days, President Bush asserts that the nation's economy has "turned the corner." But Friday's disappointing employment report — all but assuring that his record on election day will show a net loss of jobs during his time in office — is likely to make Bush's sales pitch all the more difficult.

The weak jobs numbers present a challenge to his claim that his "well-timed" tax cuts have fostered a steady recovery, several political analysts and economists said. Some economists had expected a gain of as many as 250,000 jobs for July, but the Labor Department said the economy created only 32,000.

While employers have added 1.2 million payroll jobs this year, they have shed a net 1.1 million jobs since Bush became president in January 2001.

The Bush campaign had been hoping that job growth would show clearer strength, said Alan Abramowitz, a political scientist at Atlanta's Emory University, so that the president could "make a more credible case that things were getting better and that voters should give [the administration] more time for Bush's policies to work."

"But now it looks like it's less likely the economy will be a plus for Bush going into the election."

http://www.latimes.com/news/nationworld/nation/la-na-polecon7aug07,1,5070764.story

[watermock]

WTF are you talking about?

Unemployment is lower than when Clinton ran for reelection.

[L.A. BRONCOS FAN]

Bad Economic News Tests Bush

http://news.yahoo.com/news?tmpl=story&u=/ap/20040809/ap_on_el_pr/bush_economic_woes

WASHINGTON - Soaring fuel prices and slowing job growth are presenting President Bush with a difficult choice: He can concede there are problems with his economic policies or insist the recovery is progressing — and risk looking out of touch.

The first President Bush lost re-election in 1992 in part because of a perception by voters that he was isolated from the concerns of average workers. The younger Bush has worked hard to show his engagement, traveling extensively to promote his tax cuts and other economic incentives.

But the recent spate of bad economic news threatens to undermine his message that the economy has "turned the corner" on jobs. Instead of turning a corner "our economy may be taking a U-turn instead," asserts rival John Kerry

[watermock]

Your a dimwit.

Unemployment is lower than when Clinton ran for reelection. Inflation is lower. Prime Rate is lower.

Jobs growth was dissapointing I agree, but it seems like any bad news is some sort of Manna to you idiots.

Let me repeat this for the mentally impared among us.

Unemployment is lower than 1996. The Prime Rate is Lower than in 1996, and Inflation is lower than in 1996, despite commodity prices sharply higher.

Want to hear it a third time dimwit?