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Old 02-22-2004, 05:49 AM   #1 (permalink)
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White House backs off jobs forecast

When questioned by reporters about Snow's comments Wednesday, White House press secretary Scott McClellan said the forecast was only "economic modeling" that had been done by "number crunchers."

"Some have said it would be lower," McClellan said.

McClellan then quoted Bush, who has a master's degree in business administration from Harvard University, as saying: "I'm not a statistician. I'm not a predictor."

Later, reporters asked Bush himself about the jobs prediction during a brief question-and-answer session in the Oval Office. He did not specifically address the 2.6 million figure but said he is "pleased by the fact that since August there's been 366,000 new jobs, in one survey."

This is reaching the point of ridiculious prattling.

Make a big announcement to get page one coverage then retract on page 14.

He has a masters degree but he is not a statistician or a predictor. What do they teach at Harvard Nose Candy consumption?

Just to break even in the unemployment race requires 150,000 new jobs a month. Bushco is bragging about adding 73,000 for a net loss of 77,000 since august. At this rate in 2004 there will be created 886,00 new jobs for a net loss of almost 1,000,000 jobs let alone the losses by further outsourcing to India and China. Great calculating for an MBA from Harvard.

"Wednesday marked the second time administration officials had distanced themselves from the economic advisers' report.

The first time involved the report's assertion that the movement of U.S. jobs to foreign shores benefits the U.S. economy. When Gregory Mankiw, chairman of the Council of Economic Advisers, submitted the report to Congress last week, he called outsourcing U.S. jobs abroad "just a new way of doing international trade" and "probably a plus for the economy in the long run."

While Mankiw hastened to say he was not praising U.S. job losses, Bush added language to a speech last week in Pennsylvania acknowledging "there are people looking for work because jobs have gone overseas." He said he knows "we need to act." "

http://www.ajc.com/business/content/...9bushjobs.html

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Old 02-24-2004, 06:26 AM   #2 (permalink)
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BANGALORE (Reuters) - India must use World Trade Organization (news - web sites) (WTO) rules to protect the unfettered growth of U.S. technology outsourcing from protectionist attacks in an election year, a key Silicon Valley venture capitalist said
It's important for India that IT services and outsourcing be part of the open trade, global trade paradigm,," Indian-born Vinod Khosla told Reuters in an interview late on Sunday from Bangalore, the center of India's outsourcing boom.


Khosla, the co-founder and first chief executive of network computer maker Sun Microsystems Inc, is currently a general partner at Kleiner, Perkins, Caufield and Byers (KPCB), a leading private equity firm whose portfolio includes Google

Indian officials told Zoellick that a backlash against outsourcing could hamper Indian support for world trade talks.

Since we export nothing we should boycot these talks until such time as we do export again.




http://story.news.yahoo.com/news?tmp...9&sid=96479358
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Old 02-24-2004, 07:54 AM   #3 (permalink)
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One post denouncing lost jobs.

Another post denouncing keeping jobs here.

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Old 02-24-2004, 10:04 AM   #4 (permalink)
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The Indian government is arguing against keeping jobs here. We are just supposed to close up shop and send everything to India except the money. That goes to the ceo and coo and board members of the companies now doing busines in India.
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