"NOYB" wrote in message
news

"Harry Krause" wrote in message
...
John H wrote:

On Mon, 07 Jun 2004 10:52:59 -0400, Harry Krause

wrote:


Gould 0738 wrote:



6) There is now an oversupply of college educated workers. Send your
kids to
trade school. When the toilet clogs up, nobody is going to call a
plumber from
India. :-)


Several times a year, I get asked about building trades jobs for high
school graduates. I always suggest getting into a solid union
apprenticeship program that leads to a journeyman's card in one of the
skilled trades...like plumbing or electrical. Union electricians in
the
SF area are doing being than $70 an hour in the package, and have more
work than they can handle, and that will increase as California
toughens
its standards for licensed tradesworkers.


If the economy is at rock bottom, unemployment is sky high, and no one
can find
work because Bush has personally sent all the jobs, including
manufacturing, to
India, then how can "...more work than they can handle..." be true?

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!


I'm sure you won't get this, but during much of the Bush recession, the
stock market was tanked, too. Investors looking for a decent return
plowed kazillions of dollars into commercial construction projects in
many markets..they had to do something with the money they yanked out of
the market...and a lot of it found its way into large-scale commercial
construction.

Although I'd hesitate to call it the "Bush recession" (since all economic
indicators showed a downward trend beginning in mid-2000), I'll agree with
the basic premise of your argument...and then expand upon it just a bit.
People also took advantage of the low interest rates, and the tax
incentives
and rebates from the Bush tax cut to invest in capital.

Actually, the construction industry lags behind the rest of the
economy......it takes upwards of 2-3 years a
fter conception of a project to actual start of construction.......much of
it due to guvmint (over) regulation. By the time you get through the
approval process, you have so much money invested, and the approvals have an
expiration date, that it often makes more sense to continue with the
construction and let the building sit, recovering the money once the econmy
picks up, rather tha letting all the money already invested go to waste.