After all, the Democrats blamed every negative event over the last six years on George W. Bush -- including a recession that began a year before he became president and misdeeds at Enron that happened under Clinton's watch -- so it is obvious that the good news is also entirely the responsibility of George W. Bush.

The nation's unemployment rate fell to 4.6 percent last month, down from 4.7 in August, and average wages rose by 4 percent over the previous year -- the best performance for both measures in five years.

The monthly Labor Department report released yesterday revealed that 51,000 new jobs were reported last month, a disappointing figure, but job gains were stronger than reported earlier for the previous year and a half.

"The economy is actually stronger than these employment numbers suggest," said Bernard Baumohl, executive director of the Economic Outlook Group, a Princeton, N.J., economic-advisory firm. The figures were mixed and elicited widely varying reactions from financial markets and analysts.

Add to that record-high stock prices and dropping oil prices -- along with a deficit that is decreasing at a rate even greater than that predicted by the administration, and it is clear that George W. Bush and the GOP Congress are doing a fantastic job with the economy.

Let's hope America doesn't mess with a good thing and elect the Democrats to enact the economy killing policies they support.

Posted by: Greg at 01:41 AM | Comments (2) | Add Comment
Post contains 253 words, total size 2 kb.