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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: energyplay who wrote (38892)9/26/2003 10:05:34 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello energyplay, <<jobs>>

... may be more jobs, but at substantially less aggregate pay; or

... lesser still jobs, but showing a declining unemployment rate due to number massaging; or

... more jobs, because many folks with jobs are called up to active but non-productive duty in a place far far away; or

... or more government jobs that creates demand for more taxes from folks making less money.

The above are all genuinely realistic possibilities.

So, to emphasize, I believe the recovery is a fraud, and the end to the failed recession was simply a beginning to a genuine recession, or worse.

Globally, we on per script, ala 1929, to a depression.

Chugs, Jay
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