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Politics : HOWARD DEAN -THE NEXT PRESIDENT? -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (2009)	1/15/2004 9:17:40 PM
From: Ann Corrigan	Read Replies (1) \| Respond to of 3079

Lou Dobb's stated more than once that no one in government or anywhere else is keeping track of total number of jobs lost so far. Following excerpt from article proves that: >>Although more workers may face the unsettling global competition, job gains ought to dwarf job losses. What's unknown is whether this theory -- which has worked for 60 years -- will continue to work.<< Believe we have sufficient info to answer that one with resounding NO! It appears his final words were prophetic: >> And what about the trading system? In Asia, some countries hoard export earnings. They accumulate huge reserves of "hard" currencies (mainly dollars) rather than spend for imports. If too many countries do this, the trading system promotes stagnation and merely shifts jobs from one country to another. In a weak job market, outsourcing -- a small threat by itself -- could become a large lightning rod for anti-globalization discontent.<< Bush Administration not saying one word about this issue. They're planning trips to Mars & arranging $1B fund for "Marriage Lessons" to combat divorce but nothing to keep Americans employed.