How many people vote because of the GDP, how many vote for jobs.

59millionmorons

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Thu Oct-30-03 10:05 PM
Original message

How many people vote because of the GDP, how many vote for jobs.

Bush can have his GDP. I would rather be the democrats bashing Bush over 2.6 million job loses and 12 million unemployed. Heck most people couldnt even tell you what the GDP is. People know what job loses mean.

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KFC

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Thu Oct-30-03 10:19 PM
Response to Original message

1. Why so bitter about positive GDP numbers?

It is a portent of a growing economy and imminent job growth (lagging indicator). Would you be happier with negative GDP numbers?

Simple question. Which would bode better for job growth - a rising GDP ar a falling GDP? "I knew you could answer that."

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59millionmorons

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Thu Oct-30-03 10:28 PM
Response to Reply #1

2. not bitter

You fail to get the point. People care about jobs not the GDP. Growing GDP does not guarantee jobs.

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KFC

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Thu Oct-30-03 10:39 PM
Response to Reply #2

5. People do care about an improving GDP

I think it was on the news today, but I'm not sure.

An improving economy is a good environment for job creation. And yes, if the GDP continues to show positive growth, it guarantees jobs. Guaranteed.

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jeter

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Fri Oct-31-03 01:40 AM
Response to Reply #1

7. KFC, GDP doesn't portent anything

Edited on Fri Oct-31-03 01:43 AM by jeter

GDP is about growth. It doesn't indicate anything else. It is a measurement of how strongly (or weakly) the economy grew overall.

Want to know why I'm not afraid?

Because the GDP is at 7.2% right? Well, at that rate we still have a gigantic deficit and only added 50,000 jobs.

Today's news was actually terrible news for the Bush administration if you think about it. How much do we have to grow to create jobs or make a dent in the deficit? 20%? Who's ever heard of that?

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alcuno

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Thu Oct-30-03 10:36 PM
Response to Original message

3. There was a net job loss in the third quarter.

Something like 40,000 jobs lost. Of course, it's a lagging indicator, as we've been hearing for the past year.

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Hippo_Tron

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Thu Oct-30-03 10:38 PM
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4. Hrmmm...

Edited on Thu Oct-30-03 10:39 PM by Hippo_Tron

Reporter: Mr. President the GDP is up but job growth is down, why is this?

Bush: Uhhh I dunno, maybe we need more tax cuts. Yeah that's it more tax cuts.

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dfong63

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Fri Oct-31-03 01:28 AM
Response to Original message

6. gdp won't pay the rent or buy groceries

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sandnsea

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Fri Oct-31-03 01:41 AM
Response to Original message

8. Remember the 80's

They told us all through the 80's that the economy was booming because of GDP and the stock market. They CAN get away with it again if we let them.

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