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Lawrance G Lux

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Member Since: Jul, 2001

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Blogs by Lawrance G Lux

Deafening Silence
12/21/2003 10:54:50 AM


Upbeat articles on great Sales figures for the Christmas Season have ceased. Could it be some targets have not been realized?

Business Profits have maintained an impressive increase throughout the last Recession, estimated to be over 2.3% yearly average increase. Labor Income has decreased dramatically since the last Recession, and shows no sign of increasing. Bush foretold the Economy would generate 300,000 Jobs per month, if he could get his Tax Cuts. He has not even gained such increase over his entire administration, not counting the overall Job loss, and is unlikely to gain this level in the rest of his term. The American economy would need 3.2 million new Jobs, to return to the Labor Income present before his administration. This is a highly debateable estimate, but other Economists fail to account the relative Wage loss in the new Job creation. I believe George W. Bush will gain equal infamy with Herbert Hoover, though with a difference; Hoover never deserved the insult to his character and administration. lgl



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More Blogs by Lawrance G Lux
• Spending Plans - Wednesday, May 25, 2011
• Alternate Blog - Thursday, November 18, 2004
• Tax Proposals - Monday, November 8, 2004
• The Election Result - Wednesday, November 3, 2004
• The Osama Tape - Saturday, October 30, 2004
• Post-Election - Thursday, October 21, 2004
• Pre-Election Issues - Sunday, October 17, 2004
• The Debate - Friday, October 1, 2004
• Effect of Outsourcing - Wednesday, September 29, 2004
• Current Economic State - Tuesday, September 28, 2004
• Congress Continues to stick their Heads in the Sand - Wednesday, September 22, 2004
• August Economic Indicators. - Thursday, September 16, 2004
• Best We can Get. - Monday, September 6, 2004
• I smell a Rat. - Friday, September 3, 2004
• Compassionate Conservativism - Thursday, September 2, 2004
• Bush Has Lost Florida - Sunday, August 15, 2004
• Labor--Further Information - Saturday, August 7, 2004
• The Labor Market - Monday, August 2, 2004
• Construction of Fantasy - Saturday, July 31, 2004
• Presidential Responsibility - Sunday, July 11, 2004
• Minimum Wage - Tuesday, July 6, 2004
• The current Economic Problem - Saturday, April 3, 2004
• Eat Crow--Maybe - Friday, April 2, 2004
• New Employment Figures - Thursday, April 1, 2004
• Recession Dating - Saturday, March 6, 2004
• Greenspan Misread It! - Monday, February 23, 2004
• Trade Deficit and Job Growth - Saturday, February 21, 2004
• The Tax Issue - Monday, February 16, 2004
• Productivity Gains and Job Growth - Thursday, February 12, 2004
• Labor Report - Friday, February 6, 2004
• Defense and Homeland Security - Wednesday, February 4, 2004
• Bush Budget Estimates - Saturday, January 31, 2004
• Deficit: Brokings Economic Studies - Thursday, January 29, 2004
• Pension Relief - Thursday, January 29, 2004
• $477 Billion?--What a Joke! - Monday, January 26, 2004
• Income Inequality - Sunday, January 25, 2004
• Revisionist Economic View - Saturday, January 24, 2004
• Economic Data Distortions - Thursday, January 22, 2004
• State of the Union Address - Wednesday, January 21, 2004
• Consumer Confidence - Friday, January 16, 2004
• Consumer Debt - Monday, January 12, 2004
• Job Stats - Monday, January 12, 2004
• Job Picture - Friday, January 9, 2004
• Interest Rates - Sunday, January 4, 2004
• Playing with the Numbers - Saturday, January 3, 2004
• Mad Cow - Thursday, January 1, 2004
• Year Review - Wednesday, December 31, 2003
• HALLIBURTON - Monday, December 29, 2003
• Nafta and the Economy - Saturday, December 27, 2003
• Ouestions? - Tuesday, December 23, 2003
•  Deafening Silence - Sunday, December 21, 2003  

• Multiemployer Pension Plans - Tuesday, December 16, 2003
• Natural Gas Prices - Saturday, December 13, 2003
• November Sales Increase - Thursday, December 11, 2003
• CBO Monthly Report - Monday, December 8, 2003
• The way is goes. - Friday, December 5, 2003
• Revised Numbers - Friday, December 5, 2003
• Jobs - Thursday, December 4, 2003
• New Information - Sunday, November 30, 2003
• Latest data - Saturday, November 29, 2003
• Making Sense of the Economic World - Monday, November 24, 2003