The Facts Machine

"And I come back to you now, at the turn of the tide"

Friday, August 06, 2004

BUSH OPTIMISM CREATES 32,000 JOBS IN JULY

The United States economy added only 32,000 jobs in July.

The economy needs about 5 times as many new jobs as that per month to keep up with the expanding workforce.

And let's not forget that when the Bush administration pushed their most recent round of tax cuts last year, they predicted an average of 300,000 jobs per month would be created thanks to it. Well, a tenth of something is better than nothing!

All this happened, even though I forgot to do my Evil Democrat Anti-Growth Rain Dance this week.

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