Economists expect job creation to pick up

According to the article, economists expect addtion of jobs in 2005 at a rate equivalent to over 200,000 a month. This brings up a few of questions:

1) How accurate can these predictions be? Is it really possible to forecast job growth that far in advance?

2) Is this a sign that the tax cuts are beginning to take hold and create the sort of stimulus the current administration promised?

3) If Kerry wins, is this another case of the winning party inheriting the previous administration's results?

www.usatoday.com...

Originally posted by dcgolf
According to the article, economists expect addtion of jobs in 2005 at a rate equivalent to over 200,000 a month. This brings up a few of questions:

1) How accurate can these predictions be? Is it really possible to forecast job growth that far in advance?

2) Is this a sign that the tax cuts are beginning to take hold and create the sort of stimulus the current administration promised?

3) If Kerry wins, is this another case of the winning party inheriting the previous administration's results?

www.usatoday.com...

1. Depending on teh poling pool the predictions could be accurate. they could also be nothing more than propiganda.

2. Doubtfull, if anythign this is part of he natural swing of the economy, there is a constant wave of up's a downs. There are influenced by policy but not dictated by it. The Tax cuts in buisness provided by Bush's policies are incredibly clever and really only bennifit the larger of the companies to any substantial effect.

3. If Kerry wins and there is an upswing of jobs then yes of ourse Kerry will inherant a good situation and will get credit for it. Is that right? no, but it is fact. I do however believe taht if Kerry wins there will be a sence of renew felt through the nation and the world and even that sence itself with help in the upswing, once again influincing not dictating the swing.


Just my 2 copper

Wraith