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John Snow "takes quick credit" for October Jobs Report

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Bush_Eats_Beef Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-04 01:51 PM
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John Snow "takes quick credit" for October Jobs Report
http://www.salon.com/tech/wire/2004/11/05/employers/index.html

The hurricanes clearly had an impact and 300,000-plus payroll increases aren't sustainable in the coming months, Wyss said. But monthly increases of 200,000 are realistic through the end of the year, he said.

Amid a rally on Wall Street, investors enthusiastically greeted the jobs numbers. In early trading, the Dow Jones industrial average rose 52 points. The Nasdaq gained 16 points.

The jobs report was good news for President Bush as he prepares for a second term. A generally weak job market plagued his re-election campaign, offering a political target to his Democratic challenger, John Kerry. The administration quickly took credit.

"There can be no doubt that President Bush's tax relief, combined with good monetary policy, the strength of our small business sector and our outstanding work force, has led to a growing economy that is producing good jobs for American families," said Treasury Secretary John Snow.

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DarthDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-04 01:52 PM
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1. It's a Myth

n/t
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kikiek Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-04 01:56 PM
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2. Much it the credit belongs to the string of hurricanes. I apologize to
them because I forgot their names. They should get credit where cedit is due. There was a report in the paper the other day that said retail isn't hiring even for the holidays this year.
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daa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-04 01:57 PM
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3. How many did they just add in? eom
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-04 02:06 PM
Response to Reply #3
4. Some 40K - very seasonal - about same as last October - meaning we
expect a 300 negative adjustment in January.

But the media will just ignore it when it happens. Thinking, analysis, projection of where we are into the future is not the media's thing.

They are lazy and just want to suck up to the corporations and the corporate spokesperson known as Bush - so they will go on just reading Roves PR handouts as if they were news!

After all, are we saying that our friends, the professional government employees, would allow the political appointee heads of their areas to put out half truth.implied falshood - indeed are we saying the government employee would not just resign because the paycheck for food and kids is not as important as the ethics reputation you gain by being a whistle blower that is ignored by the press, and destroyed by the GOP machine in the press?

So those PR handouts MUST BE REAL NEWS!

Damn, I am glad my media is so logical.
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