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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (4117)	2/25/2004 1:04:56 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 81568

Can you read? What went wrong? Job losses stem mainly from the aftermath of the recent boom. Even weak companies can flourish in a boom. There's enough business for almost everyone. Rampant optimism encourages expansion. Once the boom collapses, surplus capacity means that vulnerable firms shut, shrink or merge. It's survival of the fittest -- a process that concentrates business at efficient firms. This improves labor productivity (which is a company's output divided by its employees' hours) but can temporarily hurt employment growth. Productive firms do more with less. WRONG, there are more employees of US multinationals than ever. This recovery produced MORE JOBS THAN EVER. Look it up for yourself. Forget the boom and bust, we are booming now. The problem is that it is not happening here.