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To: Nonstatist
And we're looking at 5 % unemployment rate here. ..

Got you beat, the Soviets had about a 1% unemployment rate.....and where are they now? Lets talk the industry/pay of those jobs not just the job numbers.

77 posted on 06/08/2005 7:19:37 AM PDT by jb6 ( Free Haggai Sophia! Crusade!)
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To: jb6
We currently have the largest economy in the world, more than twice the size of the nearest competitor, and the highest overall productivity in the world. Does that not mean anything whatsoever?

By the way, we have a 5 % unemployment in comparison to the other industrial market based economies (>10 % in France, Germany). It is true, by comparison, that Cuba and Commie Russia had 1 % rates, but they also had virtually worthless currencies with no goods on the shelves to buy, so its Apples and oranges, again.

96 posted on 06/08/2005 7:46:03 AM PDT by Nonstatist
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To: jb6
Got you beat, the Soviets had about a 1% unemployment rate.....and where are they now? Lets talk the industry/pay of those jobs not just the job numbers.

I bet you that the North Koreans have 1% unemployment also with their closed and centrally planned economy economy. Of course they also don't have any electricity.


97 posted on 06/08/2005 7:51:40 AM PDT by Dane ( anyone who believes hillary would do something to stop illegal immigration is believing gibberish)
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