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Wednesday, September 15, 2004

Bush & Cheney: Don't Blame Us.


Cheney, 9/13/04: We lost about a million jobs within a matter of weeks after the attack of 9/11

Bush, 9/13/04: "We went through that terror attack. Some estimate that cost us three -- a million jobs in the three months after the attack."

The Bureau of Labor Statistics: Job losses in the 3 months after 9/11 were 905,000, compared to 523,000 in the prior three months. Job losses in the six months after 9/11 were 1,117,000, compared to 943,000 in the prior six months. [Total nonfarm employment, seasonally adjusted].

Note: The BLS collects data monthly, not weekly. Because of this, the BLS states that job losses in the month of September, 2001 cannot be attributed to 9/11, so I count them as having occured before 9/11.
 
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