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To: ScaniaBoy
What it means is that Greenspan does not believe the 32 K new jobs. On the other hand if the figure of 600 000 + jobs is true, and the news of the very large productivity increase (but also increase in production costs) then this raise is probably needed.

Probably. The productivity report today indicated that compensation costs are up. That indicates that employment is much better than reported.

26 posted on 08/10/2004 11:43:19 AM PDT by Moonman62
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MEDIA IS WINNING.

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Fifty-one percent (51%) of Americans now say the economy is getting worse. That's up from 48% before Friday's report. Just 36% say the economy is getting better, down from 37%.

http://www.rasmussenreports.com/daily.htm


27 posted on 08/10/2004 11:46:58 AM PDT by KQQL
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To: Moonman62
The productivity report today indicated that compensation costs are up. That indicates that employment is much better than reported.

Yes, I saw this also. Has any of the talking heads, who are paid to note such things, commented on this?

30 posted on 08/10/2004 11:54:25 AM PDT by ScaniaBoy (Part of the Right Wing Research & Attack Machine)
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To: Moonman62

If I get a job by the election I'm voting for Bush. If not, I'm voting for Kerry.


45 posted on 08/10/2004 1:08:58 PM PDT by johnb838 (John F'n Kerry: If you have to say you're cool (or a war hero), you're not.)
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