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To: justshutupandtakeit

"The biggest worry is a dramtic increase in unemployment as a result of decreased demand that is the political issue which cannot be ignored particularly knowing the RATmedia and RAT responses."

Your Nightmare has been attacking the idea for some time now. One of the biggest concerns he has is that the labor supply would be inadequte to support the economic growth that is forecast based on the dramatic shift in pricing of US produced goods relative to foreign made goods.

Perhaps the most probable outcome is somewhere in the middle.


526 posted on 02/04/2005 2:54:09 PM PST by phil_will1
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To: phil_will1
Your Nightmare has been attacking the idea for some time now. One of the biggest concerns he has is that the labor supply would be inadequte to support the economic growth that is forecast based on the dramatic shift in pricing of US produced goods relative to foreign made goods.
You are misstating my position. I wasn't even commenting on whether the labor supply would be adequate or not. I was specifically discussing the result from the Jorgenson/Wilcoxen model that had the labor supply increasing 30% in the first year. That is unrealistic and points to the flaws in his model.
527 posted on 02/04/2005 2:58:58 PM PST by Your Nightmare
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To: phil_will1

I thought your were talking about Kerry LoL. That is funny!!


568 posted on 02/04/2005 8:43:52 PM PST by justshutupandtakeit (Public Enemy #1, the RATmedia.)
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