It is a time of freedom and fear, of Gaia and of borders, of many paths and the widening of a universal toll road, emptying country and swelling cities, of the public bought into privacy and the privacy of the public sold into invisible data banks and knowing algorithms. It is the time of the warrior's peace and the miser's charity, when the planting of a seed is an act of conscientious objection.

These are the times when maps fade and direction is lost. Forwards is backwards now, so we glance sideways at the strange lands through which we are all passing, knowing for certain only that our destination has disappeared. We are unready to meet these times, but we proceed nonetheless, adapting as we wander, reshaping the Earth with every tread.

Behind us we have left the old times, the standard times, the high times. Welcome to the irregular times.


This is Bush. This is Bush on Jobs.
Saturday, March 06, 2004
 
When George W. Bush tried to back off from the prediction of 2.6 million new jobs he put his signature to, his justification was that "I'm not a statistician." No, but presumably statisticians are on the President's Council of Economic Advisers, which drew up the report. And with a graduate-level degree in business that he supposedly earned, George W. Bush should be able to properly consume if not generate statistical reports. We're left with this unhappy set of alternatives again: either George W. Bush and the President's Council of Economic Advisers are incompetent, or they're inflating their prediction of job growth for political reasons. Neither alternative is a happy one for the nation. (Source: Sacramento Bee, March 5, 2004)

As it is, George W. Bush's rosy scenario for the economy predicted that in 2004, 2.6 million new jobs would be added to the economy. At that rate, 216,666 new jobs will have to be added each month. How does Bush's rosy scenario match with reality so far? Let's pull up the graph:



The gap between Bush and reality is growing.

Posted by James Cook at 7:04 AM. # (permalink)



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