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Subject: The job situation . . . Author: Rob Dog Bastard [ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: 08:02:13 08/12/04 Thu Tommorow we will recieve the numbers for July employment report and many are saying that at least 200,000 new jobs are needed to make up for June's weak (?) 112,000 new jobs and to keep Bush's claims of a strong recovering economy alive. Of course, many people also buy Ford vehicles even though they can't build a solid transmission to save their asses. The problem is that people demand continued strong growth similar to what we saw in the mid 1990's. They are quick to forget what happened when that bubble burst and continual strong economic growth is just that: a bubble which will eventually burst. We hav had a nice long stretch of strong growth and now the economy is settling into a more sustainable period of moderate growth. National indicators are still good in light of the worldwide economic downturn, and especially in light of the continued high energy costs we are seeing which threaten to drive inflation. We just saw a 9.5% national average increase in US home values - not too shabby, eh? And that despite slightly higher interest rates. Consumer confidence is strong, and people are finding good jobs out there. To expect that we will constantly sustain aggressive growth is a mistake which we should be careful to avoid. Oh yeah, and Kerry sucks. [ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

Subject Author Date speaking of jobs . . . schilda 18:57:21 08/12/04 Thu The cost of education . . . -- Rob Dog Bastard, 08:05:08 08/13/04 Fri Re: The cost of education . . . -- schilda, 12:14:18 08/13/04 Fri Re: The job situation . . . Ray 03:05:18 08/13/04 Fri My income, personal decisions, and taxation's effect on economies. -- Rob Dog Bastard, 08:11:45 08/13/04 Fri Re: My income, personal decisions, and taxation's effect on economies. -- TG, 00:46:18 08/17/04 Tue Tony! -- Rob Dog Bastard, 04:18:23 08/17/04 Tue