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To: Pikamax
"French companies today are international and if they see an increase in orders, they can respond to this new demand by producing abroad, which would have a completely neutral effect for French GDP (gross doemstic product)," said Touati, . . ."

It seems to me that this also explains our "jobless recovery". Ain't Globalism grand?

5 posted on 10/31/2003 8:11:02 AM PST by Oatka
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To: Oatka
It seems to me that this also explains our "jobless recovery". Ain't Globalism grand?

All recoveries are jobless, because jobs are a lagging indicator. Please don't buy into the latest 'Rat spin on things.

7 posted on 10/31/2003 8:26:31 AM PST by Moonman62
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