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Friday, November 05, 2004

Bush Election Will Spawn Tremendous Economic Growth

Current job growth was outstanding last month and more people are beginning to seek employment.

"A surprisingly strong 337,000 jobs were added to payrolls last month -- twice the 169,000-job growth that Wall Street economists had forecast and the strongest since March when 353,000 jobs were created, the Labor Department said.

Still, the unemployment rate edged up to 5.5 percent from 5.4 percent in September, but that was because more people joined the search for employment, a potentially hopeful sign. "

This is great news for the Bush administration. And comparing this trend with a roughly 500 point growth in the NYSE since the middle of October, we're likely in for an excellent 2005 . . . especially with substantive tax reform on the legislative agenda.

Here's the story