Ravenwood - 03/26/04 06:15 AM
There's lots of good economic news going around out there. Jobless claims hit a three year low, hiring is on the rise, home sales rose 2%, and the economy grew at 4.1% last quarter. All this, and it is expected to get better.
Now lets watch how the Democrats put a negative spin on this. The useful idiots at Democratic Underground are already calling it a Bush conspiracy. cmorea claims: "Just like all the scientists and security analysts who come up with their best work and are told 'WRONG ANSWER!' Then, they come back with the figures that bush wants and they get to keep their job." The Miami Herald seems to agree.
America's buoyant economic recovery could largely be a statistical illusion, according to research released this weekend.My guess is that they'll continue to harp on the high 5.6% unemployment rate.Last year's growth may be half the official figure, which would explain the lack of job creation which is damaging President Bush's re-election chances.
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