http://www.nationalvanguard.org/story.php?id=8899

Quote :

"Globalism costs us all By Paul Craig Roberts The Bureau of Labor Statistics payroll jobs report released May 5 says the economy created 131,000 private sector jobs in April. Construction added 10,000 jobs, natural resources, mining and logging added 8,000 jobs, and manufacturing added 19,000. Despite this unusual gain, the economy has 10,000 fewer manufacturing jobs than a year ago. Most of the April job gain—72%—is in domestic services, with education and health services (primarily health care and social assistance) and waitresses and bartenders accounting for 55,000 jobs or 42% of the total job gain. Financial activities added 26,000 jobs and professional and business services added 28,000. Retail trade lost 36,000 jobs. During 2001 and 2002 the US economy lost 2,298,000 jobs. These lost jobs were not regained until early in February 2005. From February 2005 through April 2006, the economy has gained 2,584 jobs (mainly in domestic services). The total job gain for the 64 month period from January 2001 through April 2006 is 7,000,000 jobs less than the 9,600,000 jobs necessary to stay even with population growth during that period. The unemployment rate is low because millions of discouraged workers have dropped out of the work force and are not counted as unemployed. In 2005 the US had a current account deficit in excess of $800 billion. That means Americans consumed $800 billion more goods and services than they produced. A significant percentage of this figure is offshore production by US companies for American markets. The US current account deficit as a percent of Gross Domestic Product is unprecedented. As more jobs and manufacturing are moved offshore, Americans become more dependent on foreign made goods. This year the deficit could reach $1 trillion. "

Before you smear me as a "white supremacist", "anti-immigrant" and a "racist", realise this very important point...

This is not really Luigi, that dirty Wop. This is Nathaniel. I met Luigi in Law School.

[Edited on May 10, 2006 at 12:12 AM. Reason : .]

5/10/2006 12:09:54 AM

if i'm not mistaken, 400 billion of that debt is owed to americans in the form of social security.
a little less harsh, these numbers are misleading

[Edited on May 10, 2006 at 12:13 AM. Reason : .]

5/10/2006 12:13:31 AM

Social Security is a program used to further tax white americans so that they arent able to raise families and ensure the survival of their race.

5/10/2006 12:14:41 AM

excuse me?

5/10/2006 12:15:47 AM

I'd wager that $400 billion is a drop in the bucket of what America is "owed" in Social Security, especially since it's an off-budget item. Throw in Social Security and Medicare obligations, calculate the deficit the way a business is required to do in its financial statements and you get an annual deficit of around $3.5 trillion.

http://www.gillespieresearch.com/cgi-bin/bgn/ has some good primers on government economic reports if you care to check them out.

5/10/2006 6:43:52 AM

Quote :

"From February 2005 through April 2006, the economy has gained 2,584 jobs"

Not according to government statistics:


Doing some quick summation with the original table, during this period the U.S. economy added 2,597,000 jobs. I suspect the idiot compiling the article didn't notice the "Thousands" sprawled accross the top of the dataset. Of course, he did manage to see it when compiling the "jobs lost" statistics... I sense a biased source...

Absolute U.S. job growth by year: (all numbers in millions)
2000 +1.948M
2001 -1.763M
2002 -0.535M
2003 +0.112M
2004 +2.097M
2005 +1.905M
2006 +0.692M (Jan-Apr)

Total: +4.456M

[Edited on May 10, 2006 at 9:34 AM. Reason : .,.]

5/10/2006 9:34:11 AM

Sweet.

Another Steve.

5/10/2006 11:10:42 AM

stop getting all of your information force-fed to you from the MSM

5/10/2006 3:18:23 PM

Ironic.

5/10/2006 3:27:32 PM