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So The Republicans Must Have Created Jobs After All


Readers Report

SO THE REPUBLICANS MUST HAVE CREATED JOBS AFTER ALL

In "At big companies, the heads are still rolling" (Economic Trends, Dec. 20), Gene Koretz states: "Despite...a net shrinkage of 147,000 jobs this year, [Human Resource Executive] reports that the top 50 employers have nevertheless added a net 460,000 jobs in the past six years." That means companies added 607,000 jobs during the last five years of Republican Administrations.

How can this be? Weren't we in a recession to rival the Great Depression? Clinton persuaded the press to create a perception of economic gloom in 1992, when optimism was warranted. As President, he has tried to paint an optimistic picture, but he may find he has created a monster--a press that has learned that gloom and doom prompt more people to buy magazines and newspapers.

Stuart Creque

Moraga, Calif.


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