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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: BubbaFred who wrote (49628)5/6/2004 11:40:14 PM
From: elmatador  Read Replies (1) of 74559
 
This points to stagflation. Fighting deflation but economy not growing… If you create pseudo jobs, like government employing them to pass metal detectors and photograph people, invest in technology to track people, these employees will have an income but they won't be contributing to the economy. Somewhere in the economy there is a drain of money to pay form the pseudo jobs. Worse they introduce impedances in the economy since goods and people would move at a slower pace.

The voters who are going to elect Bush must not read that. The whole show is for the masses to vote "well" during this election year.
They should hear what the media shows everyday and the numbers look good here and look good there but the truth is hidden deeper. Once the next president is elected...
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