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To: fiscon1

This economy is not fixed until you show us the jobs.


15 posted on 09/15/2009 8:42:19 AM PDT by jersey117
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To: jersey117
This economy is not fixed until you show us the jobs.

I don't mean to single you out on this, there are numerous similar posts on this, and every other thread on this topic. When we say things like this, we sound just like the MSM did back in 2002 and 2003 in regards to that recovery.

It should be common knowledge among those undertaking intelligent conversation on the economy that job growth is a trailing indicator. We will be well into the recovery before anyone gets "shown the jobs." Deal with it. That's the way our economy works.

I take issue with the premise that the recovery is underway. I hope I'm wrong about that, but if we really are starting to recover out of the recession, then no way in hell was it as bad as it was made out to be. It may be the first real recession we've had since the early 80s, but it's not as bad as that one and isn't even in the same ballpark with the 30s.

40 posted on 09/15/2009 9:06:10 AM PDT by trad_anglican
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