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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (437473)	8/2/2003 9:35:15 AM
From: PROLIFE	Read Replies (1) \| Respond to of 769670

I would like to hear your assessment of how many of those jobs would have disappeared anyway, since the economy had started tanking under Clinton

To: Kenneth E. Phillipps who wrote (437473)	8/2/2003 9:44:21 AM
From: Thomas A Watson	Read Replies (1) \| Respond to of 769670

That depends on advances in artificial stupidity programs. It's predicted that 75% of all lawyers will be replaced by artificial stupidity programs. If it's before 2008 then it may be difficult.

To: Kenneth E. Phillipps who wrote (437473)	8/3/2003 5:28:35 AM
From: JDN	Read Replies (3) \| Respond to of 769670

Yes, if the economy picks up nicely as it has past quarter and is expected to balance of year jobs should start picking up significantly. Normally job growth lags the economy about 6 mos as companies are LOATH to hire new workers until they are SURE things are going well, thats just the way the cycle works. I doubt we will have to wait till 2008, I suspect by next June all this will be behind us. Everything is now in place for a great growth: 1. Inventories levels low to moderate (not to excess as they were toward the end of the Clinton era) 2. Interest rates are at 40 year low levels 3. Money growth (liquidity) is very good. 4. Inflation virtually non existent. 5. Energy levels appear to be adequate unless we do something stupid to Saudi Arabia. My only caution to YOU, and I am being serious, Attorneys are beginning to have a tough time of it. Too many have been pumped out of low grade schools for the economy to absorb and I know a few laid off in 2001 that are STILL looking for a job. So, be careful and dont lose your job you may have difficulty replacing it. jdn