I'm not sure the economic situation we are in has been about jobs primarily because the economy has created jobs at the rate needed. The pundits who said we needed hundred's of thousands of jobs every month forgot that thousands of people are retiring every day and aging households do not need two income earners.
This economy is about inflation and the value of the dollar. Post Reagan conservatism (you know, the movement that has died) has failed to support the free market to support the flow of commodities. As such the true inflation has hit America for the first time in 30 years.
posted on 05/01/2008 7:39:45 AM PDT
by 11th Commandment
(McCain makes me crazy- Obama scares the cr*p out of me.)
To: 11th Commandment
I agree. In my opinion, the biggest restriction on growth, right now, is the availibility of skilled labor which is becoming more and more difficult to find.
posted on 05/01/2008 8:15:41 AM PDT
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