May 1995 job growth, as reported by the Bureau of Labor Statistics: -9,000
June 2004 job growth, as reported (preliminarily) by the Bureau of Labor Statistics: 112,000
Paul Krugman’s column in today’s New York Times: “The Bush Boom Is Over.”
The Associated Press’s assessment of the economy, also published today, titled “Analysts See Banner Year Ahead for Economy:”
The economy appears headed for a banner year despite a springtime spike in energy prices and a recent increase in interest rates. In fact, many analysts are forecasting that the overall economy, as measured by the gross domestic product, will grow by 4.6 percent or better this year, the fastest in two decades.
No further questions.