How SMOKING HOT is this BUSH economy?

Today, The Bureau Of Labor Statistics Released New Jobs Figures – 132,000 Jobs Created In June. Since August 2003, more than 8.2 million jobs have been created, with more than 2 million jobs created over the twelve months ending in June. Our economy has now added jobs for 46 straight months, and the unemployment rate remains low at 4.5 percent.

Record DOW, NASDAQ

Real After-Tax Per Capita Personal Income Has Risen By 10.2 Percent – More Than $3,000 Per Person – Since President Bush Took Office.

Real Wages Rose 1.1 Percent Over The 12 Months Ending In April. This is faster than the average rate during the 1990s, and it means an extra $672 in the past year for the typical family with two wage earners.

The Economy Has Now Experienced Over Five Years Of Uninterrupted Growth, Averaging 2.9 Percent A Year Since 2001. Real GDP grew a strong 3.1 percent in 2006.

How SMOKING HOT is this BUSH economy?

Did it happen to mention that everything items like gas, food, etc cost much more as well, more jobs but no money to save. What is 672 a year when it goes to pay for Gas just to get to work.

How SMOKING HOT is this BUSH economy? loan

Big yay for low paying service sector jobs!|||About as %26quot;smoking hot%26quot; as those wars in afghanistan and iraq.|||The Dow Jones is over 13,000 and setting record highs, earnings are up, profits are up, mergers are up, acquisitions are up, taxes are down, tax revenue is up, interest rates are down, homeownership is at record highs, consumer spending is up, savings and investments are up, the economy is growing at it’s fastest rate in over 20 years, AND ALL DURING A TIME OF WAR.

Yet you watch and listen to all the bleeding heart liberals bytch and complain about how horrible things are as they chat on their $1500 computers in their air conditoned refinanced homes loving the hundred grand in equity they have as they collect their higher paychecks with lower taxes that enable them to buy seventy thousand dollar luxury SUV%26#039;s that get 16 mpg!|||These are good numbers--I%26#039;m happy that they are the way they are. However, cutting and pasting from another website without listing it as a source is a violation of copyright laws. Please list your source.|||YAWN

So they built a few more Wal Marts and Starbucks. Big deal. Yeah, it%26#039;s SMOKING HOT alright.|||Isn%26#039;t a war economy great? You should have seen the economy during Vietnam and WWII. Wow.

He has so much to be proud of... Do your statistics show how many of those new jobs are %26#039;service%26#039; industry? Does it show the number of people without health care in those jobs?

The Dow is at a high, the Nasdaq is not.|||Your nation%26#039;s budget deficit hasn%26#039;t included the cost of the war. Once that gets figured in, kiss your economics goodbye. We%26#039;re in a war economy. ONce the war is ended, there will be a recession. There always is except after WWII. But that was an entirely different war and time. BTW, go to England and ask that same question about the U.S economy, LOL. It will snap back and hit you in the butt with how much the value of the dollar has dropped around the world. And, the dollar keeps dropping in value. Good luck with that math. BTW, the stock market is never a real good indicator of the real economy.

Yeah, high gas prices, higher food prices, higher prices for goods and services are eating the pay checks of average americans. I don%26#039;t see that fact factored into your equation. Sorry, but those service industry jobs that make up the bulk of new jobs in the country won%26#039;t pay the bills let alone the rising rents.|||Gasoline prices tripled, buying power is down to 1/3 of what it was before Bush, the per capita income in 1999 dollars has dropped by over 50% because of the high prices.

TRUTH = The Anti-Conservative.|||Wow another bias interpretation of the TRUTH oh screw it I’ll call it what it is a LIE

Ok smart guy how about doing some REAL comparisons to say years in the last twenty. Throw in inflation factors, cost of living factors, and please catagorize the “new” jobs in yearly incomes, and pay particular attention to those “jobs” with a yearly income that rates BELOW the poverty line.

Yet another twisted idea that %26quot;this hot economy%26quot; is fine and dandy with main stream Americans.

They must spoon feed you that stuff that comes out of cows...and I%26#039;m NOT talking about milk.|||one word description...inflation|||kudos on spinning the truth.

Real income is the income of individuals or nations after adjusting for inflation.

the bottom 95% of Americans, income speaking(which I am sure includes you) has actually seen a decrease in real income during Bush%26#039;s time in office. Nice try with the $3000 per person , but all you have done is shown us that the rich get richer and the poor get poorer.

The corporate economy has expereinced a growth, but not the average American.

Here are the easy facts about the Bush economy. The average American%26#039;s personal debt is at an all time high while the their savings is at an all time low.

By the way, the jobs created during the Bush reign have been mostly government jobs as this Republican can boast the largest government in U.S. history. Kind of sucks when you blame Democrats for large government.

by the way, since I am sure you like to compare things to put them in perspective, here are some of Clinton%26#039;s numbers:

THE CLINTON-GORE ECONOMIC RECORD:

STRONG AND SUSTAINED ECONOMIC GROWTH

Today’s Economic Data Shows That the Economy Grew 4.2 Percent in 1999 -- the Fourth Consecutive Year of 4+ Percent Growth. Today, the Commerce Department announced that its advanced estimate of GDP growth in the fourth quarter was 5.8 percent. This brings growth in 1999 to 4.2 percent -- the fourth consecutive year of 4+ percent growth. This is the longest period of 4+ percent growth since the early 1960s. At the same time, America has created more than 20 million new jobs since President Clinton came into office, enjoys the lowest unemployment rate in 30 years, and the lowest underlying core rate of inflation in over 35 years.

STRONG GROWTH WITH VIRTUALLY NONEXISTENT INFLATION

4.2 Percent GDP Growth In 1999. GDP growth in the fourth quarter was 5.8 percent. This brings the growth rate for the four quarters of 1999 to 4.2 percent -- the fourth year in a row of 4+ percent growth for the first time since the early 1960s. Since the beginning of the Clinton Administration, the economy has grown at a 3.9 percent annual rate -- compared to 1.7 percent under President Bush and 2.8 percent during the Reagan-Bush years.

5.3 Percent Private-Sector Growth In the Fourth Quarter. In the fourth quarter, private-sector GDP growth was up 5.3 percent. Since the beginning of the Clinton Administration, the private-sector of the economy has grown at a 4.4 percent annual rate -- compared to 2.9 percent during the Reagan-Bush years.

Longest and Strongest Investment On Record. For 1999, equipment and software investment grew 11.0 percent -- the seventh consecutive year of double digit growth on record. Since President Clinton has taken office, equipment and software investment has been faster -- 12.1 percent per year -- than any President on record (comparable investment data is available from 1959).

Inflation Is the Lowest It Has Been in 37 Years. In the fourth quarter, the GDP price index rose 2.0 percent at an annual rate. For 1999, the GDP price index grew only 1.4 percent. In the last two years, GDP inflation was lower than at any time since 1963.

PRESIDENT CLINTON’S ECONOMIC GROWTH STRATEGY IS WORKING

Maintaining Fiscal Discipline. In 1992, the budget deficit was $290 billion -- the largest dollar deficit on record. In 1999, the budget surplus was $124 billion -- the largest dollar surplus ever.

Investing in the American People. For seven years, the President has worked to make critical investments in our people that are vital to a strong economy.

Opening Markets Abroad and Leading The Global Economy. The President remains committed to expanding foreign markets for American goods and services and enforcing trade laws to ensure that all countries play by the rules.|||I don%26#039;t think I%26#039;d put it that way but it is the best in history.