To: Coop
"An economic recovery, with unemployment the traditionally lagging indicator. "Traditionally, unemployment does not lag two years into a recovery.
8 posted on
09/05/2003 11:46:22 AM PDT by
ex-snook
(American jobs need BALANCED TRADE. You buy from us, we buy from you.)
To: ex-snook
Traditionally, unemployment does not lag two years into a recovery. Traditionally terrorists don't slam airliners into massive office and DoD buildings, thereby severely harming our nation's infrastructure and sense of security, thereby leading to two large, separate military conflicts and a whole slew of increased security measures and associated costs. Yet the economy, while sputtering, has absolutely amazed me with its ability to withstand such devastation.
The recovery started seemed to start in late Spring/early Summer 2003.
11 posted on
09/05/2003 11:51:13 AM PDT by
Coop
(God bless our troops!)
To: ex-snook
The average lag for employment in a recovery is three months. August was the TWENTIETH month of lag. These jobs are never coming back. All the unemployed need to apply for welfare in the next month or two. Of course, that will mean higher taxes for the employed, but it's a small price to pay for our fine congressmen, who just voted themselves a raise yesterday to $158,500/year, and those $20,000,000/yr. CEOs who know which slave countries to move their businesses to to prop up their stinking stock. Start practicing saying "Pres. Dean" if things don't turn around FAST.
To: ex-snook
"An economic recovery, with unemployment the traditionally lagging indicator. "
Traditionally, unemployment does not lag two years into a recovery.
If it lags much more it may lag a dem into the whitehouse.
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