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04/05/2004 Archived Entry: "A 'Saddam-9/11 connection' in the making."
A 'Saddam-9/11 connection' in the making.
Blah3 reader Josh sent this to me this morning. Josh works in the financial sector, and he pointed something out to me that should have been obvious.
A transcript of Bush's speech is now available, and here is the line I heard while watching Bloomberg: "Our economy lost nearly one million jobs in the three months after we were attacked."A true statement, based on Bureau of Labor Statistics non-farm payroll numbers of -361,000, -332,000, -212,000 for Oct., Nov., and Dec. 2001. Those three months' of losses total 905,000.
However, there is simply NO quantifiable link between the two events, and the president's suggestion that there is is grossly misleading.
Here's the March 11 statement, which makes the direct cause-effect link: "Over a million jobs were lost because of that attack."
Bush is obviously trying to tie a full third of the job loss on his watch to the 9/11 attacks, despite no real connection between the two. As you'll remember, the incessant repetition of a 'connection' between Saddam Hussein and the 9/11 attacks eventually led to 70% of Americans actually believing it.
Let's try and nip this bogus connection in the bud if we can.
Replies: somebody speaks up.
I can't address the national employment picture; however, I will state without equivocation that 9-11 was a catastrophe for employment opportunities in NYC.
I know, I was there. I know, I'm still looking for full-time employment for 27 months (Jan 2002 - Mar 2004).
Posted by Metropolitan99 @ 04/05/2004 05:29 PM NY
