chiczaira wrote:You don't have a clue, do you, Keltic Wizard.
Hee hee. Who are you kidding? I've been slaughtering you on this thread for pages.
chiczaira wrote:Do you know what the Economic Policy Institute is?
Nope. And neither did you, until you hit the search engines in desperate quest of an answer to the charts I posted.
Quote:quote:
"Last month, jobs in the private sector finally reached the level of March 2001"( the unemployment rate was 4,3% then)
So let me get this straight. It took to the summer of 2005 to reach the level of private sector jobs that existed just after Clinton left office-and you're trying to
brag about it?
Economic Policy Institute wrote:"Since March 2001, total employment is UP 0.6%"
Up 0.6% in four years-Bush is not exactly going like a house on fire, is he?
Economic Policy Institute wrote:" durable manufacturing is down by 16.2% since March 2001"
Gee, that 's a shame. In Clinton's last two years, it went UP 3.6% a year. What the heck is wrong with Bush?
By the way, is that statistic for the number of jobs in durable manufacturing, or for the dollar output in the durable manufacturing sector? Do you even know the difference?
chiczaira wrote:Is this to be laid at the feet of George W, Bush? Did he set up policies that made durable manufacturing fall?
.
You have a better explanation?
chiczaira wrote:Keltic Wixard would say so, but then he would be wrong again and as usual.
"Keltic Wixard" is waiting for some explanation as to why durable manufacturing was going UP under Clinton, and going DOWN under Bush.
chiczaira wrote:What country has lost manufacturing jobs at a very very high rate in the last five years>
Keltic Wizard, who obviously knows little about economics would say the USA.
Wrong!!!!!!!!!!!
http://www.asianlabour.org/archives/002130.php
It says in asianlabour.org that is what I would say? I never even
met anyone from asianlabour.org. How would they possibly know?
chiczaira wrote:quote
"China is losing more manufactuirng jobs than the United States. For the entire economy between 1995 and 2002, China lost 15 Million Manufacturing jobs compared with 2 Million in the USA...As its manufacturing PRODUCTIVITY increases, Chinas is losing jobs in manufacturing and gaining them in services, a pattern that has been playing out in the developed world for many years>"
So?
chiczaira wrote:Now, why should that be true. Keltic Wizard, profoundly ignorant about Economics apparently knows nothing about Productivity, but Tom Friedman in his book, The Lexus and the Olive Tree does---
With all due respect, and with no malice intended, the time truly has come to ask: What the HELL are you babbling about?
chiczaira wrote:]quote Friedman-
Why? Who was talking about Friedman?
Thomas Friedman wrote:I visited the Lexus factory outside Toyota city outside of Tokyo. At that time, the factory was producing 300 Lexus sedans a day, made by 66 human beings and 310 robots."
And exactly how does productivity with robots in Tokyo have anything to do with loss of manufacturing jobs in
China.
Sit down, Chiczaira, and take a deep breath. Tokyo is in
Japan. It is a separate country from China. I know, I know, they all look alike to your kind, but trust me on this one-these are two separate places.
chiczaira wrote:Get it- Keltic Wizard???? Increased Productivity comes from better technology. Durable manufacturing is decreased sharply.
Then explain how durable manufacturing went UP under Clinton, and so did productivity. And unemployment went down. All at the same time.
chiczaira wrote:I am amazed at Keltic Wizard's prescience. He KNOWS that the rest of Bush's tenure will not have Employment rates as high as Clinton's did in his last term.
It probably won't happen, but it wouldn't matter anyway.
The desirable goal is to keep unemployment down. Clinton drove it down throughout his term. Even if Bush drives it down the rest of the way, the fact is that he drove it UP first. So he can NEVER equal Clinton, who steadily drove it down throughout his two terms.
Unless, of course, Bush drives it way UNDER 4%. Like down to 2%. Care to claim that he can do that?
chiczaira wrote:The CIA should hire Keltic Wizard forthwith.
Why? Do they keep labor statistics?
chiczaira wrote:And with regard to his chart. The chart is only useful if you cut a line down in the middle of 1997. That is the only part of the chart that can be compared with the chart for Bush.
Yes, and the chart shows Clinton steadily driving unemployment DOWN right from the start, and Bush driving unemployment UP first, then driving it down.
chiczaira wrote:As I said in my previous post( which Keltic Wizard did not rebut point by point since he could not.
No, the chart rebuts
all your points at once.
chiczaira wrote:There were 23 months in Clinton's first fifty six months in office in which the unemployment rate was lower than President Bush's first fifty six months in office.
On the other hand, there were 33 months in Bush's first fifty six months in office in which the unemployment rate was lower than President Clinton's first fifty six months in office.
Clinton started with over 7%, and drove it down to 4.2%. Bush started with 4.2% from Clinton, and drove it UP, then partly down.
The idea is to drive unemployment down, or at least keep it from rising. This, Clinton did. This, Bush did NOT do for many months.
chiczaira wrote:The data is there for anyone to review and comment on!
And my chart is here for all to see.
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PS: Just to remind you, Chiczaira-Tokyo is
not in China. I wouldn't want you to embarrass yourself again, like you did here.