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To: John Jorsett
He notes companies are still moving here. For example, Kohl's Department Stores is opening 28 stores and bringing 2,800 jobs to Southern California next year.

When someone's reduced to touting retail stores as evidence of economic growth, then he's out of ammo.

Retail stores have to be located near their customers. And when there's no growth overall, then those 2800 new jobs replace the 2800 old jobs that will be lost.

New York State's got tons of retail stores.

No economic growth -- but tons of retail stores.

18 posted on 12/27/2002 3:27:38 PM PST by BfloGuy
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To: BfloGuy
When someone's reduced to touting retail stores as evidence of economic growth, then he's out of ammo.

That struck me too, when I read the article. The jobs that are going away are mostly manufacturing jobs. The new ones seem to be retail.

The thing I got from the article, is that companies who are here are staying, and if they are expanding, they are mostly expanding elsewhere. Those which might be coming here are going to Nevada or Arizona instead.

19 posted on 12/27/2002 3:34:31 PM PST by NathanR
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