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To: LowCountryJoe
He illustrates with a trip to the Silicon Valley which has, Lou says, lost 212,000 jobs since 2000. This, of course, is one of the reasons Gov. Gray Davis was thrown out of office,...

Wrong.

... i.e., that California had one of the most hostile business climates in the country. Companies have left in droves because of their onerous tax, environmental and legal climate.

Wrong again.

He veers into the daily cheap shot at China, with backup fellow johnny-one-note and Lou regular Alan Tonelson. Trade is bad, trade agreements are bad.

Trade agreements that ship jobs overseas are bad.

Finally, Lou returns to familiar turf with another grim look at trade and another shot at NAFTA. That's right, there are still people fighting the NAFTA battle, in spite of the fact that we added some 300,000 auto jobs in this country in the years after NAFTA passed.

LMAO.

"I would remind you that the unemployment rate is 4.9%", says Fund. "There's a lot that's right in this economy."

Anyone who believes that the true unemployment rate is 4.9% is delusional.

There is a lot that's right in this economy - for elites only. They are living in an economic paradise.

43 posted on 02/02/2006 10:06:42 AM PST by Penner
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To: Penner
Are we also delusional for believing that our real GDP figures are growing at over 3 1/2 percent?

Also, could you show me just what a twenty-foot container looks like that transports jobs overseas? See, I thought that capital flows were responsible for business expansion and job creation, yet the ignorant seem to be unhappy when we get the capital to expand and create. You do know that net exports are equal to net capital outflows, didn't you? So, if we have net imports, we have net capital inflows that fuel expansion. Do you really not understand this or do you swallow the junk that Dobbs & Co peddle hook, line, and sinker?

45 posted on 02/02/2006 10:38:01 AM PST by LowCountryJoe (The Far Right and the Far Left both disdain markets. If the Left ever finds God, the GOP is toast.)
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To: Penner

4.9% unemployment under Bush, but don't believe it?

Did you believe 5.6% when Clinton ran for re-election?

Communist, or Code Pink?

Who are you?

As transparent as the lies of the Rats.


52 posted on 02/02/2006 3:45:05 PM PST by Enduring Freedom (The Bush White House PR is easily the worst ever)
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