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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (21479)	7/24/2004 10:15:23 PM
From: Lizzie Tudor	Read Replies (1) of 57684

I believe this is a jobless recovery. We are still barely keeping pace with attrition in job creation, and wages are declining. We haven't created any good jobs in silicon valley in years, those jobs have all been offshored. In actuality, I don't think this qualifies as a recovery, because Greenspan devalued the dollar to a degree that we only appear to have more money.

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