To: stockman_scott who wrote (50191 ) 7/2/2004 10:32:41 AM From: Jim Willie CB Read Replies (1) | Respond to of 89467 learned an old saying the hard way at Digital in late 90's WE VOTE WITH OUR FEET people left the company when upper mgmt made bad decisions the jobs story has been grossly distorted in the last year unemployment rate is almost 10% just take 5.6% and divide by 62.2% to get 9.0% the 62.2% is called the participation rate so those who give up dont participate in job search in May 2004, it stood at 62.2 percent, more than 2 percentage points below the rate of January 2001 the Hispanic Center offered evidence which might confirm that 1/3 of all new jobs last month were migrant workers they issued a statement that many of the new jobs were low paying non-union jobs which might not have been fully counted as long as we have a huge disconnect between the fascist state economic statistic output, people will vote with their feet some of the wealthiest Americans are leaving the country they must pay a capital controls exit tax of $750k though the rest are left to vote in the elections let's see if the Idiot Prince and his Fascist minions, who are tearing apart the Constitution, will remain in power I am not a political animal I find great fault with the presidential election process I find Kerry to be shallow, unimaginative, but more honest in his approach to problems I find Bush to possess minimal intelligence, imaginative in his deceptions, and in no way honest in his approach this will be a tough election the winner will not be blessed with much to work with either inside his own head or inside the economy much of the jobs criticism directed toward Bushy is unfair the debt levels had grown about 30% during the CLinton years so headwinds are becoming more difficult for businesses and households but this war is the greatest problem of all it adds to federal debt and offers little benefit from the economic multiplier effect few economists understand that our financial market supposed bull, and our supposed economic recovery are both grossly dependent upon the easy credit terms the big surprise will be how quickly the economy falters / jim