<$BlogRSDUrl$>

Friday, January 07, 2005

The Return of Eeyore the Editor 
...So the US economy adds 157,000 jobs in December and 2.2 million jobs for 2004, turning in the best showing since the height of Irrational Exuberance.

And how do the numbskulls at the New York Times cover it?
...But it was not quite enough, at least until further revisions are available, to make up for all the jobs lost earlier in President Bush's first term in office.


They can't just tell a f*cking story, can they? They've got to dig at the Bush Administration any chance they get.

The increase in jobs, slightly lower than most economists had predicted, was roughly in line with the increase in the working-age population and left the unemployment rate unchanged at 5.4 percent.


Oh, I get it. Economists can't make accurate predictions, so let's make the Bush Administration look bad.

And the point that the increase was in line with the increase in the working-age population is questionable, at best. After all, a simple increase in population does not necessarily result in an increase in jobs. There's no reason the economy must provide jobs for every new worker entering the labor force. But if the shoe were on the other foot, and a Democrat were in office, do you think the Times would note that the increase in the number of jobs was roughly in line with an increase in the work force? Not hardly.

The bottom line is that the increase in jobs cannot be explained simply by the increase in the number of workers in the labor force. After all, the number of workers increased between 2000 and 2003.

I think this reporter needs to brush up on the difference between correlation and causality.

Manufacturing companies, which shed more than two million jobs from 2000 to the end of 2003, added back only 96,000 jobs in 2004 - the weakest rebound in factory employment of any economic recovery on record in the United States.


I wonder if the New York Times might ever point out that the downturn in the manufacturing sector and the transportation sector actually started in 1999?

The stock market fell slightly Friday, barely reacting to the jobs report.


Apparently the stock market did a better job predicting the numbers than the economists upon which you rely.

But if the stock market is relevant, and the President's job record over the past several years is relevant, then wouldn't it also be relevant to point out that that US stocks and bonds alike have had two straight years of powerful bull markets, and stocks have returned nearly 40% over the last two years, forecasting further strength to come, at least for the next 6 to 9 months?

Well, of course it's relevant. But that's just not the sort of context that passes muster at the New York Times, which apparently feels that a minor one day tick in equity markets provides more context than two consecutive years of earnings growth.

This is what the New York Times calls "perspective."

The nation added almost no manufacturing jobs for the third consecutive month, and the trend was down: the Labor Department noted that almost all of last year's added jobs came at the start of the year.

Over all, the economy added 2.2 million jobs for 2004, according to the report, the best figure since 1999, when economic growth produced more than 3 million added jobs.


Ok, what do you want to bet that the same pack of jackals lamenting the lack of growth in the manufacturing sector is the same band of roving hyenas simultaneously moaning and crying about the weak dollar?

Look...cheap dollars are a boon to the manufacturing sector. The weak dollar is a gold-plated gift to blue collar workers. You cannot complain about lackluster growth in the manufacturing sector and simultaneously complain about a weakening dollar.

The bottom half of the article is actually much better than the top half. But the first three paragraphs of the news article receive by far the most editorial attention. It wouldn't surprise me if this article was recast at some point by an editor to put the angle most damning to the Bush Administration in the opening grafs.

These guys are soooo predictable.
Splash, out

Jason










Comments:
If you would just take your time to know your way around, you could discover a lot of premium products and services being offered for free.
 
It pretty much covers FREE Marketing related stuff.
 
Market oi millions with blogblastermarketing toolmarketing tool
Please go to http://ww.blog-masters.net
 
"Get rid of Spyware and Adware today! Get back control of your PC, get it running back to its original speed, get your home page working again and get rid once and for all of those annoying pop-up ads and bad search engines!
 
Good Blog
Please visit
Advanced Business Marketing

and leave a comment.
 
Cool blog about best home based business. I'm
new to this whole blog thing, but I have a
website basically about best home based business
Check it out sometime : -)
 
I have seen a lot about computer home based business.

See how a 33 yr old ex-bouncer replaced his income and learned even more about computer home based business

Seriously, It only took about nine months. There is a lot of hype out there about computer home based business so don't get overwhelmed.

It's real though. A sixty year old industry that does $100 Billion a year in sales. Isn't that worth ten minutes of your time?

Click Here Now
 
Hey, you have a great blog here! I'm definitely going to bookmark you!
I have a free live cam

free live cam
news
site/blog. It pretty much covers related stuff.
Come and check it out if you get time :-)
 
University of Phoenix Online Focuses on Team Learning

Unlike some other schools, the University of Phoenix Online focuses on Team Learning. For all classes, team assignments can make up to 20% of the student’s total grade. Consequently, students get more than they bargained for when pursuing an education at Phoenix’s online university (UoP online). Find detailed discussion on
free online high school diploma
 
Click here if your LOOKING for "No Charge Online Advertising Channels For Any Business"
 
Hey everyone! Cool site! The customer support seems good and the technology jobs are endless. Maybe I will have a better directmatch searching for human resources
since my keyword "customer care jobs" did not fit as intended.
Glad I found you! Keep on keepin on!
 
You have good content on your blog keep up the good work
 
##Deadeasy##
 
Blogger I was just searching blogs for information on web site hosting , and I can across this post .
I also have a web site hosting site. You might find it helpful.
You should check it out sometime if you get a chance :-)
 
GROW IT YOURSELF!
 
Hey blogger do you know that you can make cash from your blog?

Its so simple a child could do it!

This goes for anyone reading this too.

You can make up to $0.40 per visit with this nice affiliate program called Zangocash

Its one of the best programs out there at the minute and can suit any blogger or webmaster!

To sign up and start earning money right away!

Just click this link below
become an affiliate

So why not start earning today!
 
Hi Blogger,

I see you share my interest in earn money easily . Your input would mean a lot to me. If you would be so kind to visit my site and give me your feedback, I would most appreciate it.

Thanks,
Mike
 
Hello there,

Hey, you have a great blog here!Read it with great interest! I'm definitely going to bookmark you!

I have a stock market new site/blog. It pretty much covers ##KEYWORD## related stuff.

Come and check it out if you get time :-)
 
Blogger, are you interested in forex or forex analytics staff? If so then you will find this forex analytics staff related site useful.

Kind regards.
 
Call toll FREE 1-866-602-6411 for more info.
 
I have a pretty cool site about fresh prince of bel air quote
 
Hi Blogger,
I always like an interesting blog. this post caught my attention even if I was looking for autosurf exchange traffic blogs. Kind of gets my thoughts moving coming from a different angle about autosurf exchange traffic. Hope to check back every now and then. Have a nice day :-)
 
Cool employee affiliate related blog. Looking forward to watching things grow.

I have a employee affiliate related site. It pretty much covers ##KEYWORD## and other related stuff.

Also have another cool site called HotLinZ

Drop by if you get time :-)
 
Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a video game girl site/blog. It pretty much covers ##KEYWORD## related stuff.

Come and check it out if you get time :-)
 
Hi there Blogger, I am just out surfing and seaching for some information about webmasterworld and found your place, Although this post is not quite what I'm looking for but I still decided to have a closer look at your site bacause it got my attention, it's just one of those start on one thing and end up on another, you know. I can see why I end up at your page while I was looking for webmasterworld related topics, and I'm happy that I did not skip it even this is not a perfect match. thanks! .
 
if u want an ipod, you can go to www.getipodsforfree.com and do an offer. follow the instructions and they'll actually send you a freeipod, no joke, there's reviews all over the internet
 
Nice blog on online poker school i enjoyed looking at all the info i also have a page aboutonline poker schoolcheck it outonline poker school
 
Hey Blogger, just looking info on coastal vacations package and stumbled onto your blog. Actually this post was not exactly what I was searching for, it caught my eye and grabbed my attention. I understand now how I landed on your site when I typed in coastal vacations package related info, and I'm glad I found your page. Nice post and I'll check back for more wisdom. : )
 
You'll create 1000s of In-bound Links pointing back to your Site
 
Hi, can I call you Blogger? I guess it's kind of special that I'm posting here because I'm still pretty new to blog and don't really know how to blog surfing yet. I was out search for some infor about how to make money but haven't had much luck so far, and since everyone calls blog "web 2.0", many have said that this is the next generation of internet, so I decided to try look for things in blog.com. and guess what? I still haven't had much luck, but your site got my attention although this post is not a perfect much to how to make money. anyway, I think I'll keep going and try to understand a bit more about blogs. thanks for the reading, cheers!
 
Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a advertising magnet site/blog. It pretty much covers advertising magnet related stuff.

Come and check it out if you get time :-)
 
african american personals
african american personals

Find a date at african american personals
 
Blogger, you have a great blog here. this post caught my eye and I thought I would put a post on it. I'm looking for help.

The site I have is a home pc work uk site. Its all about, need I say it, working from home. I think people should have the choice to build their own income instead of somebody else’s. Freedom of well being and all of that...anyway I was on your site looking for ways to help my business. I'm really looking for ways of building better rapport between recruits.

Anyways Blogger thanks for the great blog. I'll just have to carry on my search till I find what I'm looking for. Take care.
 
Hello Blogger,

I am based in the UK and I stumbled across your post " this post ".
I'm quite keen on finding any useful information on Money Making Website. I found some good stuff on Money Making Website but I wondered whether you may have any advice on the best resources out there.

Thanks in advance.
 
Blogger, why can't more sites be as good as yours!!! You see I am changing my life at the moment and I have decided to start a work home uk site. I am trying to get inspiration so I can become easier to talk to. You site has given me some ideas. I talk to a wide range of people and I need to relate to everyone I come across so thanks for your posts! The title 'this post' caught my eye so I thought I'd post on this one. Cheers.
 
Hello Blogger,

I am based in the UK and I stumbled across your post " this post ".
I'm quite keen on finding any useful information on Second Income. I found some good stuff on Second Income but I wondered whether you may have any advice on the best resources out there.

Thanks in advance.
 
Hello Blogger,

I am based in the UK and I stumbled across your post " this post ".
I'm quite keen on finding any useful information on Google Adsense. I found some good stuuf on Google Adsense but I wondered whether you may have any advice on the best resources out there.

Thanks in advance.
 
Hi Blogger, the content on your blog is quite interesting to me, although it is not quite what I was looking for. I was out searching for stuff on webmasterworld but I have gone through so many different sites that are not relate to the topic I was looking for, I did not feel like to post on any of them until now, I thought it's nice to leave something although this post is not exactly webmasterworld related because I still kind of enjoyed it. thanks!
 
Hi Blogger, very interesting post.

I'm not too familiar with blogs, but I found your post " this post " a good read. I was actually looking for information on Online Business and found your post. Any recommendations for the best infromation about Online Business?

Nice one.
 
Hi Blogger,

I was busy looking for information on Ultimate Ebooks and I came across your post " this post ". Very interesting. If possible, have you got any ideas of where to find the best resources on Ultimate Ebooks.

Regards
 
Hi Blogger,

I was busy looking for information on Ultimate Ebooks and I came across your post " this post ". Very interesting. If possible, have you got any ideas of where to find the best resources on Ultimate Ebooks.

Regards
 
good info
 
Hey Blogger, cool blog. I was really looking for info on
888com but glad I droped by. Way to go.
 
Your's is a good Blog. I also have a blog on "Steps to money Making Online", you can have a look when ever you have time
 
Hey Blogger, cool blog. I was really looking for info on
casino affiliate but glad I droped by. Way to go.
 
how can i start a blog
 
thanks for the info
 
Miraba alrededor e informaci�n encontrada del cash advance now sobre su sitio.Aloha, Digna cash advance now
 
Is dit een plaats over day faxless loan payday same en verwant materiaal te lezen?Earnestly, Gwyneth day faxless loan payday same
 
J'ai certainement fait quelques erreurs en travaillant ceci dehors, mais toutes pour le meilleur.Compliments, Tad fax loan no no payday savings teletrak
 
Out blogging around looking at mlm lead list and found you. I hope all is well. Happy marketing!
http://veretekk.blastomatic.com/marjac
 
Hey Blogger, cool blog. I was really looking for info on
casino affiliate but glad I droped by. Way to go.
 
Good info
 
Christina has got to see my income opportunity, work from home, online business blog secction.
 
Hi,
Trying to find info about earn money online business opportunity is what I am trying to do for the past few days. Just thought I would add a comment to let you know I was glad I found your blog. http://www.dxinoneusa.com seems to be the best that I have found so far. Thanks and have a great day :-)
 
What are these blogs all about anyway? I was surfing looking for san francisco dating when I ended up here. Back to the relentless searching for san francisco dating.
 
Hi Blogger, I’m out searching the web for the latest
and greatest information on home biz opportunity and found your
great site. Although this post wasn’t specifically
what I was looking for it definitely got my interest
and attention. I see now why I found your interesting
blog when I was looking for home biz opportunity related
information and I’m grateful I found your site even
though its not a perfect match. Great Post, thanks
for your informative site,
 
Hi there Blogger, nice site looks like you did your
homework. I would love if you check out my casino affiliate site.
Thanks for the info. casino affiliate
 
Hey Blogger, cool blog. I was really looking for info on
online casino business but glad I droped by. Way to go.
 
Hey Blogger, cool blog. I was really looking for info on
casino affiliate but glad I droped by. Way to go.
 
Hey Blogger, cool blog. I was really looking for info on
888com but glad I droped by. Way to go.
 
Blue-collar worker is an idiom referring to a member of the working class who performs manual labor and earns an hourly wage. Blue-collar workers are distinguished from Tertiary sector of industry service workers and from white-collar workers, whose jobs are not considered manual labor. However, some service workers are also often referred to as blue-collar workers. Traditionally, white-collar workers earn a monthly or annual salary rather than an hourly wage, although paying white-collar workers by the hour is an increasing practice, especially among independent tech contractors. Blue-collar work may be skilled or unskilled, and may involve manufacturing, mining, sportsbook, building and construction trades, law enforcement, mechanical work, maintenance, repair and operations maintenance or technical installations. The white-collar worker, by contrast, performs non-manual labor often in an office; and the service industry worker performs labor involving customer interaction, entertainment, retail and outside sales, and the like. Some service industry workers differ as they perform tasks that are mostly unskilled in the service sector. http://www.enterbet.com
 
Post a Comment

This page is powered by Blogger. Isn't yours?

Site Meter

Prev | List | Random | Next
Powered by RingSurf!

Prev | List | Random | Next
Powered by RingSurf!