...More from the White House's "Double Header Friday" of Don Evans and John Snow spinning the economy.
http://www.whitehouse.gov/ask/20040618.htmlJA, from Butte, Montana writes:
The President keeps saying that we are growing our economy. We have lost millions of jobs on his watch. Isn't it ABOUT TIME we gain jobs? We haven't been employed (or severely under-employed) in 3 years.
Don Evans: When the President took office, the country was headed into a recession. Then, nearly one million jobs were lost in the three months following the terrorist attacks of September 11th. Corporate scandals continued to slow the recovery and the uncertainties created from fighting the war on terror in Afghanistan and Iraq also slowed the recovery.
But the President acted decisively to bring us back from recession to recovery. His tax relief package has helped create the strongest economic growth in nearly two decades. More than a quarter of a million jobs per month have been created so far this year and more than 1.4 million jobs have been added since August, with 9 consecutive months of gains. The national employment rate stood at 5.6% in May, which is below the peak of 6.3% in June 2003 and below the average of the 1970s, 1980s, and 1990s. There is still more work to do. We won’t be satisfied until you and everyone else who wants a job has a job.
In addition, the President is committed to helping displaced workers. His 2005 budget proposes more than $20 billion for job training and employment assistance. He is also proposing hundreds of millions of dollars to go toward an initiative that will help prepare workers for the jobs that are in demand now and in the future.