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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?

43 posted on 09/21/2003 9:23:47 PM PDT by maui_hawaii
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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.
45 posted on 09/21/2003 9:38:24 PM PDT by Conservomax
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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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