Boortz [1] points out this morning that the Democrats are going to ahve a hard time convincing anyone who has been exposed to the facts, that our economy is in serious trouble… including, on the issue of jobs, and employment. Says he:
“**The peak unemployment rate during the recession that began in Clinton’s term was 6.4 percent. The current unemployment rate is 5.6 percent.
**In the last year more than 2,000,000 new jobs have been added in the United States.
**Between 1983 and 2003 outsourcing went from 6.5 million jobs to about 10 million jobs.
**Between 1983 and 2002 jobs in-sourcing — jobs coming TO the United States — went from 2.5 million to 6.5 million.
**If you subtract the jobs coming to the United States every year from the jobs going out every year you come up with a ‘net’ figure. The net outsourced jobs reached its peak in the early 1980’s; a peak of about 4 million jobs. In other words, things were worse at the end of the Carter Administration then they are right now.
**During this same period … from ’83 to ’03 a total of 38 million jobs have been created by private businesses in the United States. No other industrialized country in the world has matched this number. “