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When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

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LeadershipHillary Clinton

Hillary, Jeb Bush spar over jobs on Twitter

By
John Kell
John Kell
Contributing Writer and author of CIO Intelligence
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By
John Kell
John Kell
Contributing Writer and author of CIO Intelligence
Down Arrow Button Icon
July 10, 2015, 10:37 AM ET
Photographs by AP

U.S. major party presidential nominees generally agree to three formal debates. But two candidates who haven’t even won their respective nominations are already taking to Twitter to debate the issues.

Hillary Clinton and Jeb Bush, Democratic and Republican candidates respectively, are feuding about comments that Bush made earlier this week strongly implying that to generate consistent steady economic growth, Americans need to work longer hours.

Here’s what Bush said that kicked off the testy social media back-and-forth:

“My aspirations for the country — and I believe we can achieve it — is for 4 percent growth as far as the eye can see. Which means we have to be a lot more productive. Workforce participation has to rise from its all-time modern lows. It means that people need to work longer hours and, through their productivity, gain more income for their families. That’s the only way we are going to get out of this rut that we’re in.”

To put it lightly: Clinton didn’t agree.

Anyone who believes Americans aren't working hard enough hasn't met enough American workers. pic.twitter.com/wyS1p8zcDo

— Hillary Clinton (@HillaryClinton) July 9, 2015

And Bush quickly responded.

Anyone who discounts 6.5 million people stuck in part-time work & seeking full-time jobs hasnt listened to working Americans @hillaryclinton

— Jeb Bush (@JebBush) July 9, 2015

The tricky thing about economic data is that it can be twisted to back almost any argument. Broadly, the economy has been adding jobs steadily for about four and a half years under the Obama administration, though real wages have barely budged for decades. And while Americans are self reporting longer hours, data from employers implies the average work week, which dipped during the recession but has since recovered, has been fairly stagnant.

 

 

About the Author
By John KellContributing Writer and author of CIO Intelligence

John Kell is a contributing writer for Fortune and author of Fortune’s CIO Intelligence newsletter.

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