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Lost Wars and a Lost Economy
Categories: Politics

Lost Wars and a Lost Economy
President Bush and his neocon nazis have simultaneously lost two wars and America’s economic future.

Last Friday’s payroll jobs report was a continuation of Bush’s dismal record. Only 59,000 net new private sector jobs were created during September. That is about 90,000 less than would be needed to stay even with population growth. Like all jobs that the US economy has created in the 21st century, the September jobs are in domestic services.

Waitresses and bar tenders accounted for a quarter of the new jobs. The remainder were in health care and social assistance, wholesale trade and transportation, financial activities, and accounting and bookkeeping services.

US manufacturing lost another 19,000 jobs. Since Bush took office, the US has lost 3 million manufacturing jobs.

Charles McMillion of MBG Information Services in Washington DC notes that the growth of total hours worked over the current “recovery? is less than half the average rate of all previous recoveries and is the worst performance on record. Due to offshoring, manufacturing hours worked have declined 6.6% since the recovery began in November 2001.

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3 Comments to “Lost Wars and a Lost Economy”

  1. Kyle Shank says:

    It’s interesting that the Dow is at an all time high with bad report after bad report coming out about the economy overall. Looks like nothing is *trickling down* from the top.

  2. rupert says:

    dear richard pleas would you do me a favor and call them killers mass murderers or somthing, because i feel that nazi is in the rong place here, i know that you have the right to and can do so and can judge it better than me but i find
    neocon massmurdering liers more apropriet,

  3. Rupert- I did not write that. Click the linkin the post for the source.