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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (20968)	5/10/2011 5:22:02 PM
From: Joe S Pack	1 Recommendation Respond to of 119361

This analysis is weak in several ways. Economic growth claimed by the US government and the so called economists itself is questionable. Assuming there is little economic growth, lack of job growth within US is due to multinational corporations hiring more workers outside US (even after taking TARF and other US tax break) and hence no job growth here. Of course there is a secondary effect due to technology and automation resulting in increased productivity per worker all around the world. Why economic growth may no longer mean job growth news.yahoo.com