The economy grew at 3.4% last year. Unemploment is only 6%. Housing sales broke all records in October 2002. 170,000 jobs were CREATED last year (despite the layoff scare articles). The economy is doing just fine thank you...
Unemploment is only 6%. Housing sales broke all records in October 2002. 170,000 jobs were CREATED last year (despite the layoff scare articles). The economy is doing just fine thank you...This is true in spite of all the workers replaced by foreigners with H1B and diversity visas? I don't have any numbers, but I've heard a lot of first hand stories from freepers that there are a lot of folks replaced in favor the lower salaries these people will work for.
And you can bet no gov't employee will be laid off because of this program being cut. You can bet your 'youknowwhat' that in private-sector there would be some jobs cut for a similiar decision.