Saturday, July 03, 2004
It's the economy, Brainiac
The blogosphere has been rife with the news about the report on jobs from this week. Apparently we're not growing jobs so quickly after all.
The "recovery" is very uneven and geographically inconsistent.
The economy is certainly creating new jobs. The President tells us roughly 1.5 million new jobs have been created in the last nine months. The problem is that you'd have to work at least two of them full time to make ends meet. And forget about health insurance.
The bottom line..we're in a million and a half net job loss for the past few years and the jobs that are being created are overwhelmingly low wage, non benefit jobs.
It's the economy, Stupid.
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The "recovery" is very uneven and geographically inconsistent.
The economy is certainly creating new jobs. The President tells us roughly 1.5 million new jobs have been created in the last nine months. The problem is that you'd have to work at least two of them full time to make ends meet. And forget about health insurance.
The bottom line..we're in a million and a half net job loss for the past few years and the jobs that are being created are overwhelmingly low wage, non benefit jobs.
It's the economy, Stupid.
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