Above is a pic of Jeanne Shaheen for FReepers entertainment.
Posted on 03/09/2004 1:18:46 PM PST by areafiftyone
For Immediate Release
Washington, DC
Today as President Bush handed out awards at the Malcolm Baldridge National Quality awards ceremony, Kerry Campaign Chairwoman Jeanne Shaheen awarded George Bush the “Herbert Hoover Award” for presiding over the worst record on jobs of any president in American history. “Since the president is handing out awards today, we wanted to give him one,” said Governor Shaheen. “So, on behalf of the nearly 3 million people who have lost their jobs under this administration, we are awarding George Bush the first ever ‘Herbert Hoover Award’ for having the worst jobs record since the Great Depression. It’s a special award reserved for presidents that have somehow managed to lose jobs on their watch. The American people need to know that their president has failed to lead on jobs, and that John Kerry is running for president to change the direction of this economy and get people back to work.”
To view the Herbert Hoover Award, click here:
http://www.johnkerry.com/features/hooverawards/
GEORGE W. BUSH: WINNER OF THE “HERBERT HOOVER AWARD” – A RECORD OF FAILURE ON JOBS
BUSH: Worst Job Creation Record Since Hoover. “The economy has lost 2.2 million payroll jobs since January 2001, giving Bush the worst job creation record of any president since Herbert Hoover. The U.S. economy, to match the White House's jobs forecast, would have to churn out well over 220,000 new jobs each month for the rest of the year, economists say.” [Associated Press, 2/11/04]
The Numbers Tell the Story of Failure
ALMOST THREE MILLION: Since George W. Bush took office, America has lost almost 3 million private sector jobs.
EVERY MONTH: Manufacturing jobs have been lost every single month of the Bush Presidency.
ONE MILLION: One million jobs have been outsourced since President Bush took office.
33 PERCENT HIGHER: Unemployment has increased 33 percent since Bush took office.
$10,368. American families will pay 10,368 in interest on the debt by 2014.
George Bush’s Solution: More of the Same, More Broken Promises
Even though George Bush’s economic plan of tax cuts for the wealthy have only led to more job losses, he is offering more of the same: one trillion more in tax cuts targeted to the wealthy and new promises that he cannot meet.
First Tax Cut:
Bush Promise: Will create 800,000 jobs by the end of 2002.
Reality: American lost 1.9 million jobs.
Second Tax Cut:
Bush Promise: Will create 1 million new jobs.
Reality: America lost 53,000 jobs.
New Promise:
Bush Promise: 2.6 million jobs in 2004.
Reality: FED Chairman Alan Greenspan says it’s unlikely.
Nationally, 2.9 Million Jobs Lost; Unemployment Rate Up 33 Percent. The national unemployment rate in January 2004 was 5.6 percent, up from 4.2 percent when Bush took office in January 2001 - a 33 percent increase. Nationally, the economy has lost 2.9 million private sector jobs under Bush. [Bureau of Labor Statistics, http://www.bls.gov]
Bush Promised, Then Backed Away From 2.6 New Million Jobs This Year. “Thursday's report also showed that the number of unemployed people collecting jobless benefits for more than a week rose by 106,000 to 3.2 million for the week ending Feb. 7, the most recent period for which that information is available. This suggests that jobs are still hard to find for some workers. The report comes as recent Bush administration comments about the job climate touched a political nerve and raise questions about the White House's economic grasp. President Bush on Wednesday distanced himself from an earlier prediction by his economic advisors that that the economy would add 2.6 million new jobs this year.” [Associated Press, 2/19/04]
One Tenth Needed Jobs Created in February. “About 21,000 jobs were created in February, the Labor Department said yesterday, a sixth the size of economists' forecasts. The unemployment rate remained at 5.6 percent as 392,000 people dropped out of the labor force, just as the presidential campaign kicked into high gear. The Labor Department, which originally estimated an increase of 112,000 jobs in January, also revised that number downward, to 97,000.” [Baltimore Sun, 3/6/04]
Nationally, Nearly 2.8 Million Manufacturing Jobs Lost Under Bush. The manufacturing industry has lost 2,787,000 jobs nationwide since Bush took office in January 2001. Employment for this key sector of the American economy is at its lowest level since October 1958. Of the 2.9 million private sector jobs lost under Bush, manufacturing losses account for 95 percent. [Bureau of Labor Statistics, http://www.bls.gov]
Nationally, Workers’ Wages and Salaries Are Stagnant. In the third quarter of 2003, America's gross domestic product surged at a rate of 8.2 percent and corporate profits grew at an annual rate above 40 percent. But during this same period, wages and salaries grew by less than 1 percent. Furthermore, in the six months that ended in November 2003, income from wages rose just 0.65 percent after inflation. [Department of Commerce, 12/23/03; New York Times, 12/31/03; Charleston Gazette (West Virginia), 1/2/04]
Bush Presided Over “Biggest Gusher of Red Ink In History.” ”President George W. Bush has now presided over the biggest gusher of red ink in the nation's history, from a surplus of $127 billion when he entered office for fiscal 2001 to a 2004 deficit projection of $521 billion. …” [Business Week Online, 2/3/04]
Think Tanks Predicts Debt of $5.3 Trillion in Ten Years. “In a study of budget trends, the Brookings Institution said the national debt will increase by $5.3 trillion over the next decade, so that by 2014 the increase in government borrowing will cost the average household in America an extra $3,000 just to pay interest on the debt. … If the tax cuts are made permanent as Bush wants, the Congressional Budget Office says that could increase the deficit by another $1.4 trillion over the next decade.” [Chicago Tribune, 2/8/04]
Nationally, 3.5 Million More Americans Have Fallen Into Poverty Under Bush. In 2002, the number of Americans living in poverty increased to 34.6 million. Three-and-a-half million more Americans live in poverty under Bush. For 2002, a family with two parents and two children lives in poverty if their total household income is below $18,244. [Census Bureau, Poverty in the United States: 2002, Table 4, http://www.census.gov/hhes/www/poverty.html]
Bush Proposed to Eliminate Overtime for 8 Million Workers. Bush proposed regulations that would end eligibility for overtime pay—a critical source of income—for 8 million workers by reclassifying them as managers, administrative workers or professional employees. In addition, Bush's Department of Labor issued advice to companies in its explanation of the proposal on strategies to avoid paying overtime. Among these were cutting workers' base pay to subtract extra overtime pay costs and cutting workers' hours to strictly enforce a 40 hour work week. The non-partisan Economic Policy Institute called the proposal “pure special-interest politics with complete disregard for the democratic process.” [Akron Beacon -Journal, 12/5/03; EPI, 7/03, www.epi.org; New York Times, 7/1/03; AP, 1/6/04]
Republicans Say Larger Spending Increases Than Democrats. “[Reporter David GREGORY]: But the deficit and the Bush record of annual spending increases--larger than any since Lyndon Johnson was in the White House--has created a potent election-year issue for Democrats. … The real political trouble for the president is that it's not just Democrats piling on, but even conservatives. Rush Limbaugh delivered this stinging blow to his radio audience Thursday.
Mr. RUSH LIMBAUGH: Bush has outspent Clinton.Small Businesses Shutting Down. In fact, for the first time since 1990, more businesses with more than one and fewer than 500 employees shut down in 2001 and 2002 than were created, according to the Small Business Administration's most recent data.
GREGORY: Spending--like Mr. Bush's plan to send a man to Mars, and his projected 17 percent budget increase for the national endowment for the arts--has the president's political base agitated. Both are seen as outreach efforts to swing voters, but allies warn it could backfire on Election Day.” [NBC Nightly News, 1/30/04]
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Stupid is as stupid says.
Since 1961 this has been a tradition by Food Distributors International and one the Food Marketing Institute is pleased to continue. Presented each year at the Annual Business Conference, this award recognizes an individual in our industry for professional and personal excellence. Clearly past award recipients have helped to shape our industry. They are leaders with vision; people ready and willing to embrace change. Herbert Hoover award recipients have also contributed to their communities and our world. The award's very name reflects this tradition.
In 1900, as a mine engineer in China, Herbert Hoover directed relief efforts for victims of the Boxer Rebellion. When America entered World War I in 1917, he was named U.S. Food Administrator and directed American relief efforts in London and Belgium. When Hoover became our nation's 31st President, he turned to National-American Wholesale Grocers Association (NAWGA) and the U.S. food industry for help. <
http://www.fmi.org/wholesale/history.htm
Way to be original there, Kerry campaign.
Which puts employment at 94.4%..Not to bad I would say..
;)
This evening, Senator Ted Stevens will be presented with the Boys and Girls Clubs of America Herbert Hoover Humanitarian Award. The award has been presented to leaders of business, industry, philanthropy, and to six Presidents of the United States. Previous recipients include President Dwight D. Eisenhower, President George H. W. Bush, General Colin Powell, and The Honorable Jack Kemp.
found on Google.com
Vote "no" to liberal politicians. Vote pro-American.
Isn't 'shaheen' the feminine form of 'martyr'? All those democrats politically martyring themselves, it's quite a spectacle. I would present the Kerry campaign with the 'Baghdad Bob' award for clinging to painfully ridiculous lies long after the truth is apparent. And I'd give Kerry himself the 'number 10 GI' award. It seems that Kerry's most notable Vietnam involvement was after his four month tour of duty, after he came home. Like everything else Kerry flipflops on, he has both protested/bragged about his Vietnam experience ever since.
++++++++++++++++++++++++++++++++++++++++++++ The Facts Show 2.4 Million Jobs Created Under Bush NewsMax ^
Posted on 03/06/2004 11:14:49 PM PST by MaineVoter2002
The Facts Show 2.4 Million Jobs Created Under Bush
The media and Democrats keep repeating it over and over: "2.3 million jobs lost" since President Bush took office. His could be the worst job record since before World War II, they claim. One little problem: It's not true.
Not only has there been no net loss of jobs during the Bush administration, there has been a net gain, even with the devastation of 9/11. At least 2.4 million jobs have been created since the president took office, 2 million of those in 2003. The gains more than offset the losses.
While Democrats continue to beat their election-year drums about outsourcing, manufacturing losses, unemployment and slow growth in employment, America's economy has been steadily creating jobs.
At least 366,000 jobs have been created in the last five months, over 100,000 of those in January, White House press secretary Scott McClellan has noted. And though the eight-month recession "officially" ended in November, economic indicators are surprising economists and pointing toward a take-off in the recovery.
The signs:
The 5.6 percent unemployment rate is the lowest in two years and below the average of the 1980s (7.3 percent) and '90s (5.8 percent), and still continues to drop.
The nation's economic output revealed the strongest quarterly growth in 20 years. The data for the fourth quarter of 2003 show that the civilian labor force rose by 333,000, while the number of unemployed in the labor force dropped by 575,000. Even better, the number of so-called discouraged workers declined in December.
Consumer spending grew between 4 percent and 5 percent last year, and real hourly earnings rose 1.5 percent. Real earnings have risen over the last three years.
Exports doubled to 19 percent in the fourth quarter, compared to less than 9 percent in the third.
The number of American workers is at an all-time high of 138.5 million, a level never before attained in U.S. history.
Jobless claims are 10 percent below the average of the last 25 years and still falling. Hiring indices are up, even in manufacturing. Productivity growth is extremely high.
Now the doomsayers are criticizing the validity of the unemployment rate, which at 5.6 percent does not fit their gloomy story. Faulty Counting The problem is the areas of biggest job growth are usually not even being counted at all.
Though 75 percent of jobs are created by small companies, according to the Small Business Administration, this sector's entrepreneurial activity and the jobs it creates are left out by Washington bean counters when calculating official new job numbers. The Bureau of Labor Statistics (BLS) does its Payroll Survey by phoning businesses to crunch the number of jobs that have been gained or lost. This is where Democrats grabbed onto their lifeline, the 2.3 million figure. Look only at the Payroll Survey, and there has been a gain of only 522,000 jobs since Bush took office.
But here's the rub. The Household Survey is used to determine the unemployment rate and accounts for those who are self-employed, and small emerging businesses that might be overlooked by the Payroll Survey. But the number of U.S. firms isn't static, and the "fixed list" used by the BLS for phoning established businesses does not reflect new entrepreneurial activity.
People are called at home and asked if they have jobs, or if they are in the market for a job. In contrast to the Payroll Survey, the Household Survey shows that 2.4 million jobs have been created so far during Bush's time in office. As Economy.com writer Haseeb Ahmed recently wrote, "something is amiss in the [Payroll] survey."
Credit Where Credit Is Due
That's not all. When doomsayers, and media spoiling for a fight in an election year, laughed at Bush's prediction of 2.6 million new jobs this year, not everyone was scoffing.
Ahmed, Federal Reserve Chairman Alan Greenspan and others hardly batted an eye. Greenspan said it was "probably feasible" the economy would reach the Bush administration's forecast of adding 2.6 million jobs this year, provided growth continues and the productivity rate slows to more typically levels.
"I don't think it's 'Fantasyland,'" Greenspan said. "I agree with him," said John Ryding, chief market economist at Bear Stearns. "I think that we will create 2.5 million, possibly more, jobs over the balance of the year."
Ahmed is convinced that "the revision patterns of the early-1990s recovery cycle" will be repeated. A total of 1.4 million job gains were revised upward to 2.9 million in the first 21 months after the end of the last recession, just after Bush Sr. was voted out of office.
http://www.newsmax.com/archives/articles/2004/2/25/171833.shtml
If elected, will John Kerry get credit for the jobs created under the Bush administration?
Excerpted - click for full article ^
Source: http://www.newsmax.com/archives/articles/2004/2/25/171833.shtml
Above is a pic of Jeanne Shaheen for FReepers entertainment.
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