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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (559373)	4/7/2010 12:53:43 PM
From: i-node	1 Recommendation Read Replies (2) of 1576593

>> Government was not where the bulk of job gain occurred in March. While this is true, the overall picture is not as impressive as has been suggested. Of the 162K jobs, 48,000 (~30%) were census workers who will again be unemployed shortly. The fact that 27K (17%) were in health care is not a reason for excitement, either. These are jobs that happen, not by virtue of the economy "coming back", but because boomers are getting older and therefore sicker -- a trend that will continue and an expense that is effectively paid by government. And 40K (25%) are other temporary workers. Better than nothing, but not a great basis for an economic recovery. Basically, the majority of the 162K are either temporary workers or government-funded employees (I didn't even count the portion of heavy construction that are being paid out of stimulus). For a trillion dollars in stimulus money, I would have expected better. These nitwits basically wasted a trillion dollars which future taxpayers are going to have to pay. Total waste of money.

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