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Its The Economy Stupid

September 1, 2006

Economy

Huh? Thats what Bush I was told when he was on the way to losing the White House.

The economy is in “good shape,” with Gross Domestic Product up 3.8%, and there is evidence that the quality of jobs may be improving, a Treasury Department official said today.

About 128,000 new jobs were created in month, up from 121,000 in July. “We do believe that the economy will continue to grow at a sustainable rate,” said acting assistant secretary for economic policy Robert Stein at a press briefing.

 ”We do see some evidence…that the quality of jobs may be improving,” Mr. Stein said, pointing to the fact that the growth rate of average hourly earnings is growing more quickly than the employment cost index, which he said indicates improvement in the quality of jobs and wages.

Can you hear the pin drop?

That is your local paper not reporting this. That is your Newsman talking about Beyoncee last night on MTV. That is the non journalism that prevails in the Country.

Written by untiled · Filed Under Conservative Liberal Moral Politics 

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