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Politics : PRESIDENT GEORGE W. BUSH

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To: calgal who wrote (430805)7/22/2003 1:44:46 AM
From: Kevin Rose  Read Replies (1) of 769670
 
"While "real GDP has risen substantially since November 2001," the NBER noted that "this growth in real GDP has resulted entirely from productivity growth. As a result, the growth in real GDP has been accompanied by falling employment.""

Well, it takes no rocket science to see what is going on. 2.6 MILLION more people out of work since W took over, 9+ MILLION out of work. Why has productivity increased? Because people are scared poopless about losing their jobs, that's why! People work harder and longer, for less money, just to stay employed. People who were out of work for 6, 9, 12 months, take a job at half the salary and count themselves lucky.

Productivity increase through fear of job loss. Is that gonna be a campaign slogan for Bush?
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