Forstater, Mathew wrote:
>This is "as good as it gets." There is a certain kind of fed-upedness that
>should come with that.
Yup. Which is one of the reasons I keep saying that "good times" may
be better for left politics than bad times.
Doug
Schaapster,
>That's where I get half of it. Just reminding you, is all. Ordered your
>new book, too. At current cross-rates, they should be able to complete the
>payments out of my estate ...
You should check to make sure the size of your Sutton holdings haven't been
figured into the amount y
certain kind of fed-upedness that
should come with that.
Mat
-Original Message-
From: Doug Henwood [mailto:[EMAIL PROTECTED]]
Sent: Thursday, September 28, 2000 2:10 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:2452] Re: RE: Re: Re: Re: Re: Re: re warning signs
Forstater, Mathew wrote:
>
At 12:20 PM 9/28/00 -0400, you wrote:
>I think the argument was about productivity, not unemployment. But still -
>what are you talking about? The U.S. unemployment rate is the lowest since
>January 1970, and the employment/pop ratio just a bit off being the
>highest in history.
of course, a r
Michael Perelman wrote:
>I don't see the inconsistency. Massive waves of downsizing
>eliminated lots of good
>jobs (instability). Later, those that could clung to their good
>jobs. The second
>stage may not represent instability, but it does not reflect any
>progress either.
The glass is a
I don't see the inconsistency. Massive waves of downsizing eliminated lots of good
jobs (instability). Later, those that could clung to their good jobs. The second
stage may not represent instability, but it does not reflect any progress either.
Doug Henwood wrote:
> Michael Perelman wrote:
>
Louis Proyect wrote:
>The US economy expanded under Reagan's
>Rooseveltian deficit spending, while it expanded just as impressively under
>Clinton's Hooverite economics. What is the constant? Keeping the rest of
>the world under the heel of American corporations.
Real wages fell under Reagan; th
Forstater, Mathew wrote:
>But I do think you have to consider this: the African American overall
>unemployment rate is still at a rate that would be considered a
>recession if it
>held for the overall economy. That means that in the "best of times" the best
>that African Americans can expect is
tember 28, 2000 11:21 AM
To: [EMAIL PROTECTED]
Subject: [PEN-L:2435] Re: Re: Re: Re: Re: re warning signs
Michael Perelman wrote:
>Someone recently posted an article from the Wall Street Journal, I believe, to
>the effect that if unemployment has declined so little over such a long
>exp
Rob Schaap:
>I wouldn't begin to know how to save anyone. Jusy having a good look around
>me, is all. Stuff's happening that's never happened before. What else is
>different? The mode of imperialism, I'd say is one. IT, and the
>booster-nonsense surrounding it, is another. America is complet
I was writing in response to what Gene Coyle mentioned: the anemic rate of growth.
I was merely suggesting that if the fall in unemployment has been so modest -- in
terms of rate of change rather than the absolute value -- over such a long
expansion, than a sharp downward turn could create massive
Michael Perelman wrote:
>Someone recently posted an article from the Wall Street Journal, I believe, to
>the effect that if unemployment has declined so little over such a long
>expansion, it would be sure to skyrocket with an economic slowdown.
I think the argument was about productivity, not u
At 07:18 PM 9/27/00 -0700, you wrote:
>Jim, how important is the exchange rate for imports? I suspect that it is
>a major influence on exports since U.S. goods compete directly with those
>from other similar countries. We have our largest trade imbalance with
>China. Chinese wages are so low
Jim, how important is the exchange rate for imports? I suspect that it is a
major influence on exports since U.S. goods compete directly with those from
other similar countries. We have our largest trade imbalance with China.
Chinese wages are so low that an increase in the relative costs would
Someone recently posted an article from the Wall Street Journal, I believe, to
the effect that if unemployment has declined so little over such a long
expansion, it would be sure to skyrocket with an economic slowdown.
Eugene Coyle wrote:
> I'm going to risk an idea on Doug's questions, with all
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