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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (20407)	12/18/2003 8:45:41 PM
From: michael97123	Read Replies (2) \| Respond to of 793715

No other country could get away with this. We are the source of demand for new products on the demand side but also the supply side productivity kings. Retail and Work ethic drive it. The Chinese are the only other country following the consumer/productivity model as exists here. Hopefully when they reach parity with us, they will also be democratic. The Euros can watch us and the chinese miracle and bemoan their fate as their welfare oriented always vacationing work force approaces a median age in the mid 50s while we stay forever young. Yes we are consumers but we also work hard for our money. And thats why its good that the chinese yuan is tied to ours. Mike PS Re MSI aka Krugman, he is dead wrong about jobless recovery. I know a whole host of folks who have been out of work who are now either landing jobs or on the verge. They tell me the tone of employers has really changed in december and like me who has been out of work for four months will be returning to work in january. The first quarter economic and employment numbers will make the dems puke. Mike