Greetings from
the Pacific Northwest: This was
originally sent Aug 15 at 4:17 pm PDT and finally returned as undeliverable due
to the blackout. So I’m reposting,
and testing. - KWC
….Or,
grading the Bush Jobs and Growth
Plan.
Here
are links to Economic Policy Institute's
evaluation.
The
White House’s Council of Economic Advisors (CEA) projects that they can create 5,510,000
jobs by Nov. 2004. One does wonder, as Keith and others have suggested,
if most of those are expected in the military industrial technology security
complex? (MITS?)
Transcribed:
The administration has
projected that its growth plan will create 1.4 million jobs in addition to the
4.1 million jobs the economy was already expected to generate. The
success of the Bush "Jobs and Growth Plan" can be fairly judged by
whether, in fact, 5.5 million jobs are created by the end of 2004.
Every citizen can grade the Bush policy by checking the nonfarm payroll
employment series each month. Any month that adds at least 344,000 jobs
to the economy can be marked a success. And every month payrolls grow by
less than 257,000 jobs, the policy is generating fewer jobs than would have
been created without the "jobs and growth" plan.
Senate testimony @ http://www.epinet.org/content.cfm/webfeatures_viewpoints_jobs_growth_testimony
Grading the Jobs and
Growth Plan
@ http://www.epinet.org/newsroom/releases/03/06/grading_jobs_and_growth_plan_2003_06.pdf
If you look at page 4 of this report, you'll notice that EPI is going to track
Bush's jobs plan on a monthly basis, at www.epinet.org, comparing the White House projections against
actual job growth. First Friday of every month, beginning Sept 2003.
-
KWC
