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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (22207)2/27/1999 12:01:00 PM
From: Bonnie Bear  Read Replies (1) of 86076
 
surging GDP. ya right. most private sector people work for russell 2000 companies, it's in a permabear market...so if the economy is so wonderful why are most companies doing so horribly?
The biggest creator of new jobs is the federal government. And the biggest customer of big tech companies is the federal government.
I saw a number like 50% of all jobs in the US are directly or indirectly for the US government...and 22% of the population is collecting social security checks.
I don't think rates will stay up very long...the world governments are in collusion, nobody wants to service high-yield debt. All the gov has to do is knock wind out of the stock market enough to increase unemployment and bring it down again.
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