Is is a bull or a bear wang?
It looks like the Dow is close to falling below 10,000. I can hear it already: What is this president doing all day? Does he not know that the button to raise the Dow, make more jobs, and defeat all terrorists, to get rid of sin, and to usher in the second coming is right next to his freakin' bed. Why hasn't he pushed the button? I want an independent counsel determining when they installed that button and if George Bush broke his finger on purpose so he wouldn't have to push the button. And do you realize that our chances of getting mad cow disease, losing our jobs, bombed by terrorist and being hit by a meandering planetoid has dramatically increased since Bush has got into office. I mean come on, Bush! How dare you allow Haliburton to drill on asteroids without the consent of the UN. That is my oil, too.
So when the Dow hits 9999.99, we are going to see so many reports telling us how Bush wants it this way or that he is too dumb to realize what is going on. Who in their right mind really think that the President has something to do with jobs. The President can help sign in policies that create an environment for the free market to flourish or wither. Lets think about it for one moment and look at the real numbers of the end of the 90's. Bob Novak on CNN in August of 2002 had this .
The Commerce Department's Bureau of Economic Analysis quarterly estimates before-tax profits of domestic non-financial corporations, releasing the information the last week of the month following the quarter. Revised figures last week showed profits were really lower by 10.7 percent, 12.2 percent, 15.2 percent and 18 percent for the four quarters of 1999. In 2000, this gap became a chasm. The revised quarterly profits for the election year are lower than the announced figures by 23.3 percent, 25.9 percent, 29.9 percent and 28.2 percent. (All raw numbers are in this story).
We had a recession then the largest attack on American soil and our economy is doing pretty dang good. The unemployment numbers are exactly where they were at in 1996 when Clinton was running for re-election. I don't remember hearing much about job numbers in '96. First here are the Employment Numbers of January 2001(which is interesting because the Dems called them employment numbers during Clinton's terms and unemployment numbers now) and here are the numbers for February 2004. The total workforce in January 2001 was about 142 million and the number of people working was 136 million which leaves 6 million people sitting at home watching' Springer or looking for a job or a welfare addict. (here is the CURE) The total workforce in February 2004 was 146.5 million and the amount of people working was 138.3 million which leaves 8 million unemployed. The total workforce grew by 4 million and the workers grew by 2.1 million. Is it really fair to say that the President has lost America 3 million jobs? Even if the 3 million number was correct is is it still fair to say that Bush lost the jobs? It looks like more people are working now then in 2001. I think that the fair thing to say is that the recession and the Twin Towers incident created a economy that couldn't keep up with the total workforce. I believe that we should be in a worse situation then we are in now. I mean in the EU that are happy with 8.8 percent. If Chirac or Schroeder had our unemployment numbers don't you think they would tout those numbers?
I thought that you guys would like to see my type again. I know that you have missed me and my excellent banter.