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10/30/2003 Archived Entry: "A Blistering Pace..."
A Blistering Pace...
So, everyone in the SCLM is all a-twitter about the amazing economic growth in the last quarter, talking about how it grew at a blistering pace, with the strongest growth in 20 years!
But I have a few questions:
Removing defense spending from the equation, where does that leave last quarter's growth?
Considering that a lot of the numbers are based on people spending their child credit checks, what does that say for the next quarter? Is ThugCo planning on handing out checks every quarter so people will have something to pump into the economy?
I remember a promise of 'Jobs And Growth.' So, ummm, where the jobs at?
Is this 'wonderful economic news' just a blip on the otherwise-dismal radar for the Miserable Failure? Tune in next month...
Replies: 3 people speak up
Yeah, 7.2% blistering, staggering growth. Terrific. Now where are the jobs?
Posted by Metropolitan99 @ 10/30/2003 02:17 PM NY
Don't worry. The stratospheric growth in the 3rd quarter will herald a new rush on job creation and business investment - primarily in the tech and manufacturing industries. The only problem is - those jobs are now being filled in Mexico, Australia, India, Thailand. So, hey, Dubya was right - his tax cuts will spur job growth and economic recovery. He just failed to mention that they wouldn't do it *here*.
Posted by Mixer @ 10/30/2003 03:43 PM NY
Jobs? We don't need no stinking jobs!
Something like that, anyway.
Posted by woolf @ 10/31/2003 02:08 AM NY