Earlier this week, I posted on an article dealing with the strength and growth of the US economy, and attributed that strength and growth to the Bush tax cuts.
Today, we got more good news. Despite analysts expectations of 180,000 new jobs, the labor report released today showed 288,000 new jobs. Even better news, the estimate for last month, already a robust 308,000, was adjusted to 337,000. And even better, manufacuring jobs are beginning to comeback as well, showing a gain of 21,000 jobs.
By the way, unemployment is now down to 5.6%.
Are there any liberals left who really think that Kerry should run on the economy?
UPDATE: As of Friday, the economy has created 867,000 new jobs. If job creation continues at this rate for the rest of the year, we'll see 2.6 million jobs created in 2004.
Why is this important? Well, back in February, the Bush administration predicted job growth of 2.6 million jobs by the end of the year. At the time, there were some who claimed that was impossible, just pie in the sky propaganda.
It doesn't seem quite so outlandish now, does it?
Posted by Rich at May 7, 2004 7:44 PM | TrackBack