Excellent Job Creation News

In this story, it would seem to indicate a permanent turnaround for the economic woes caused by 9/11 are slowly coming to fruition. Many people, especially Democrats, will still point to the 1.5 million net jobs that have been lost since Bush became president. What these people fail to bring up is the devastating effect 9/11 had on an economy that was already in a downturn. That's right, Clinton's luck was running out just at the right time for him to still be able to claim one of the greatest peace time economies ever. Well, is it just me, or did it just happen to be the time of the dot coms getting stock prices soaring despite huge losses on their books, the initial period after most of Eastern Europe was finally able to do business with the rest of the world, and the end of the Cold War that could have helped the economy along. Then, lo and behold, the dot com bubble didn't just burst, it exploded and took out more than just the dot com companies with it....computer makers, network infrastructure manufacturers, etc. were all hit hard by the explosion, not to mention the trickle down effects of all those dot com employees suddenly being without jobs (and yes, I am a proud adherent to the Reagan beliefs in trickle down economies).

Add on top of that 9/11, and it's a wonder that America didn't enter a depression; it may well have but for the quick action the Bush administration took in lowering taxes for EVERYONE, not just the rich as the Democrats would have you believe. The tax relief gained by everyone, including those nasty, large corporations we hear about, is what kept this country from suffering twice for 9/11; once in a physical way, and once in a fiscal way.

Eight straight months of jobs gains....sounds like something a campaign could use to it's favor.