SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (513050)12/19/2003 12:58:03 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 769670
 
American "Disappeared"

The last few weeks have brought headlines to help sustain
the fantasy. Unemployment numbers have been edging down.
The Detroit Free Press explains that the decrease, in their
area anyway, was a result of taking people off the list who
had not been able to find a job. They are no longer merely
jobless, it would seem; they no longer exist. The other big
reduction in the jobless numbers has come from "restaurant
hiring," in which well-paid computer engineers take jobs as
busboys while they wait for the 'recovery' to gather itself
together.

They may wash a lot of dishes before the recovery actually
arrives. Economist Joseph Schumpeter, quoted by Marc Faber,
explains why:

"Our analysis leads us to believe that recovery is sound
only if it does come from itself. For any revival which is
merely due to artificial stimulus leaves part of the work
of depression undone and adds, to an undigested remnant of
maladjustments, new maladjustments of its own."



To: DuckTapeSunroof who wrote (513050)12/19/2003 1:46:28 PM
From: Srexley  Read Replies (1) | Respond to of 769670
 
"Closer to "8.9%""

It's 5.9% Buddy. Why do you guys have to monkey with numbers a lie to support your negative views?

Scratch that question. I know the answer. It is that the truth does not support your negative view, so you HAVE to create situations that will allow you to spread your misery to others.