Snow(job?) is predicting job growth of 200,000 per month. Does anybody
believe this prediction? What sort of jobs would be produced? In what
country?
Outsourcing seems rampant. Manufacturing is in decline.
--
Michael Perelman
Economics Department
California State University
[EMAIL
I don't believe it. Will we need 2,000,000 more prison guards over the
next year? He also predicted higher interest rates...
Higher interest rates I could believe; it might cost Bush the election,
but he can be sacrificed; there are many who are not happy with his, uh,
destabilizing moves.
High
http://www.jobwatch.org
-Original Message-
From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Michael
Perelman
Sent: Tuesday, October 21, 2003 1:47 PM
To: [EMAIL PROTECTED]
Subject: 200,000 jobs
Snow(job?) is predicting job growth of 200,000 per month. Does anybody
believe
1:12 PM
Subject: Re: 200,000 jobs
http://www.jobwatch.org
-Original Message-
From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Michael
Perelman
Sent: Tuesday, October 21, 2003 1:47 PM
To: [EMAIL PROTECTED]
Subject: 200,000 jobs
Snow(job?) is predicting job growth of 200,000
High rates AND more jobs?
if inflation takes off, real interest rates could fall while nominal rates are high.
And we could have lots of jobs as a result of low real rates.
I guess that the Snowman is assuming that the dollar will continue to fall (which is
consistent with low real rates).
Today, the Sacramento Bee had an article about a plan to increase jobs.
If we can cut salaries, companies will not want to outsource
Back to the 20s???
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
Message-
From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Michael
Perelman
Sent: Tuesday, October 21, 2003 1:47 PM
To: [EMAIL PROTECTED]
Subject: 200,000 jobs
Snow(job?) is predicting job growth of 200,000 per month. Does anybody
believe this prediction? What sort of jobs would be produced
I would guess so.
Politically, the problem is that as the monthly number
goes positive, the Bushists will say we're moving in
the right direction, just like we told you we would,
and people won't hold them accountable for the damage
that has already been done.
What we need is people writing
