[CasearianDaoist]

This is why a candidate as poor as Kerry is getting neck and neck polling percentages with Bush - everyone one in the traditionally profitable industries knows this in their bones. People in their 40s and 50s know that there has never been a time like this in the postwar years. It is truely scary. Here in New York where the economy is almost completely dependent on "knowledge worker" jobs the job market is the worst in memory - their are professionals working contrcution jobs a driving cabs. It cannot go on much longer before something gives.

[sarcasm]

Here in New York where the economy is almost completely dependent on "knowledge worker" jobs the job market is the worst in memory - their are professionals working contrcution jobs a driving cabs.

New York's labor participation rate -- the percentage of employed adults relative to population -- fell from 65.6 percent in July 2002 to 57 percent now. The city comptroller's office recently framed that drop this way: "If the labor force participation rate had remained at the level of July 2002, the NYC unemployment rate [now] would . . . rise to 19.9 percent."

[Principled]

It cannot go on much longer before something gives.

Agreed. The trade deficit/job loss issue will force the issue of tax reform. We export the costs of our tax system- no other country does so (other countries eliminate tax costs from their exports)... and we are expected to compete with them ata 25% cost disadvantage.

Pols are retards.