To: Conservomax
Its a chicken and the egg question...somewhat at least...
Do you have a boom because employment is good, or is employment good because of the boom?
To: maui_hawaii
Good question, what exactly is a boom? I think it is a term used by the media when everyone is happy and there's a democrat in the white house.
To: maui_hawaii
No, it is definitely the latter. Boom first, then jobs. Labor lags on the upswing; always has. People first managed to do more with what they have and find useful things to do. Then they can't keep up and need more people to do them. That's just the way it works.
48 posted on
09/21/2003 11:31:57 PM PDT by
JasonC
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