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To: kumar who wrote (62843)8/23/2004 12:17:19 AM
From: t4texas  Read Replies (1) | Respond to of 793800
 
from a micro level you sound like your job was eliminated, and i suppose that would be called a depression rather than recession for you. from a stock/bond/psychology macro level the recession indicators were there as early as 1998 and certainly in 1999 and 2000.



To: kumar who wrote (62843)8/23/2004 12:36:35 AM
From: Captain Jack  Read Replies (1) | Respond to of 793800
 
kumar-- every job loss is tragic. Sorry you did not receive one of the many millions of jobs INsourced. They pay much better than the semi-skilled jobs lost. Unemployment at 5.5% would have been a miracle in any administration. After 9-11 and the tech bubble burst is a true miracle. As for jobs lost-- being from the steel belt it is easy to see why those left the country,, during dem administrations-- as in this case nothing was ever the fault of the administration