Where is the beef, new economy?
Our government will tell you they created all those jobs. Ask them where? They don't know. They do not control demand side economy.
Now that you know the government did not do the job growth; we can tell you, how job growth was managed. In 1992, the decision was made to start a demand side economy effort. In May, central planning was organized by a few people, some at Bell Labs, Homedale, N.J. We started working on the profitability of Supermarkets. A few in Framingham, Ma. were ask to do text book supermarket marketing. Using loss leaders to promote traffic. Some items were reticketed to 300%, some items were ticketed down to less than 50%. Many man hours were spend to do that. Jobs created are part time for flexibility and timeliness. The success went to the department stores, in 1994. To the auto dealers in 1995. The demand side economy is distribution of goods. It is population related.
Today, Framingham population is hired 37% in services. Real estate taxes are good. Banks recovered. Most people are employed plus many immigrants came from Brazil and Russia. Population in Framingham is still growing, little feet peter pater on our streets, even some bushkins. Framingham, the largest town in America, has a very good future. America has a very good future. |
