For the Record the Economy was Great Before the Democrats Took Over

Friday, January 05, 2007

For the Record the Economy was Great Before the Democrats Took Over

By The Whistler on January 5, 2007 at 01:28 pm

Is this the last positive year-end economic wrap up we’ll see for a while?

Employers stepped up hiring last month, boosting payrolls by a healthy 167,000 and keeping the unemployment rate steady at a still historically low 4.5 percent. Workers’ wages grew briskly.

For all of 2006, the nation’s unemployment rate dropped to a six-year low of 4.6 percent as the economy added 1.8 million jobs. In 2005, the unemployment rate averaged 5.1 percent.

Over the last 12 months, wages grew by a strong 4.2 percent. That matched the annual gain registered in November and was exceeded only by a 4.3 percent annual increase in November 2000.

So the economy is strong, wages are growing faster than inflation. (Meanwhile due to the Bush tax cuts we get to keep more of our money too).

How fast can Harry Reid and Nancy Pelosi screw this up?

Comments

. . . .as the economy added 1.8 million jobs.

What happened to the “sucking sound of jobs leaving the United States” as stated by that Putz who wanted the president’s job a few years ago?

C. Y. on January 5, 2007 at 05:31 pm

The Whistler
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Well the truth is that every year we lose millions of jobs.

Good thing that the economy adds more jobs AND those jobs are generally better.

Who wants those stinky factory jobs and the stinky factory.

What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity? I would think all these factories will close and set up in countries where they aren’t scared of technology.