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Economy Rebounds - Productivity Soars, Jobless Claims Drop
Jim wrote: With credit to NOYB for bringing this up in another thread, and with the understanding it deserves a separate thread to counter the lib claims of record unemployment and a worsening economy, here are some facts on the growing economy: Remember back in early 2001 when many of the same sources were singing happy tunes about "no recession?" Were you dumb enough to believe them then? All the responsible business press is reporting worse sales, more layoffs, durable good orders down... new housing starts last week were the lowest since the early 1990s... but hey, why let reality in and spoil your little party? From the point of view of Bush & Co and his supporters, the economy doesn't matter. Do you really think that people with annual incomes of $1mill per year are worried about layoffs or durable good orders? DSK |
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