Since the Economy is so Strong (LOL) Under Bush, Should We Continue the party with another Republica

Employers slashed 80,000 jobs in March

By JEANNINE AVERSA, AP Economics Writer 4 minutes ago

WASHINGTON - Employers nervous about diminishing business prospects slashed 80,000 jobs in March, the most in five years and the third straight month of losses.

At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy may already be in a recession.

The new snapshot of the job market, released by the Labor Department Friday, underscored the damage that a trio of crises _in the housing, credit and financial sectors 鈥?has inflicted on companies, jobseekers and the economy as a whole.

http://news.yahoo.com/s/ap/20080404/ap_o...

Structural problems, like the growing trade deficit with China and runaway price of oil, are further hampering prospects for growth. Unfortunately, the Administration%26#039;s responses to these problems have been tepid and encourage pessimism among business in the economic outlook.

Since the Economy is so Strong (LOL) Under Bush, Should We Continue the party with another Republican-McCain?

Little Tidbit for ya......

If the first two quarters of 2008 are considered a recession, (which they will) Bush will be the first president in the HISTORY of our country to have led the country during TWO recessions.

Quit a legacy don%26#039;t ya think.

Since the Economy is so Strong (LOL) Under Bush, Should We Continue the party with another Republican-McCain?

loan

Check the history.

Bush II is the only President ever to have two recessions during his terms. Only one ever to have TWO recessions while he was President. What was that he said about %26quot;fooling me once...%26quot;|||John McSame is going to be just that.

More of the same.

Unfortunately it%26#039;s been 43 white guys in a row.

That%26#039;s one hell of a coincidence!!|||Our economy was doing just fine until the Democrats got the Majority in congress and created gridlock because that is all Democrats know how to do.!~!|||Bush is a worse President in our history and Mc Cain is his clone. Obama will divide the races and men and women; and Hillary will be a turn-around President. John Edwards will heal our Nation.|||Well, the GOP is rife with evangelicals...

They%26#039;re probably jsut trying to speed along the rapture. Lulz.|||We%26#039;re starting to feel the impacts of the Nov 2006 elections.

Good job Dems!|||If you understand business, a economy goes through business cycles. We grew for 6 years, and now a decline.

Take the liberal appraoch to solving problems: raise taxes. Yeah, so when people are short on cash, you should go in and take more away from them.

These numbers are a disappointment, but remember that the average unemployement rate under the Clinton Administration was higher then 5.1%|||Bush ran the company into the ground|||Only if Hillary isn%26#039;t the other choice! then its save your butt boys the ship is going down|||Bush the Idiot president has screwed this great country so bad that we may not recover . We don%26#039;t need another war, spend, monger in office. The idiot bush has spent our grand children%26#039;s income and Mc Cain will spend more. The only thing sicker than the Idiot Bush is the idiots on here blaming the Democrats|||The economy is in very good shape, but there have been constant attempts to talk it down. Bush II has been like his father - a failure. He got a tax reduction through but only on the basis it had a sunset clause and this expectation of higher taxes is dampening the economy. Further, he has not got the oil out of the ground in Iraq and has been using the Strategic Petroleum Reserve as a price support for oil. Oil has gone from $11 a barrel to over $100 a barrel. Needless to say, Texas is booming. Bush stood idly by and let domestic spending get completely out of control. Once Bush goes, the oil price will come down and the economy will boom, provided we do not get another tax and spend President.