Replies

To: Schlepp

US is no longer in the post-war economic era, and the history of post-war recessions is not meaningful

You are correct about this, The U.S. Has not been in a post war economy since WWII.(post war boom caused by VA/loans and housing)

What we have at present that few understand it seems, is a global economy.

It takes a while to get the machine moving now, and other countries also have responsibilities for the lagging sales and by extension, employment.

85 posted on 08/05/2003 5:08:36 PM PDT by Cold Heat (Negotiate!! .............(((Blam!.)))........... "Now who else wants to negotiate?")

To: wirestripper

"What we have at present that few understand it seems, is a global economy. "

The under/unemployed have the most difficulty. Wonder if they will catch on by election day?

86 posted on 08/05/2003 5:13:37 PM PDT by ex-snook (American jobs need BALANCED Trade. We buy from you. You buy from us.)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794