antagon
The Man
- Dec 6, 2009
- 3,572
- 295
- 48
"Jobs are the last thing to recover"---Employment statistics in this country are considered a "leading" economic indicator--not a "lagging one"-
wrong. im not sure employment has ever, ever preceded the GDP in any expansion. heard of a 'jobless recovery'?
put two LOLs behind that.
A jobless recovery is a term used to mask reality......that the only thing that is creating any type of spending is government spending...and that well dries up quickly you know.
Ever hear of a jobless recovery you sak.....LMAO...only left leaning blog reading talking point regurgitators would repeat the term "jobless recovery" when defending ANY politician.
There is no such thing as a jobless recovery.....seeing as the recovery MUST BE THE RECOVERY of jobs.
the reagan recovery was a jobless recovery. if you can understand it, and see its demonstrated history internationally and here in the states, you could appreciate that it is a real term to describe when the economy expands (the GDP), without the unemployment following in kind.
you paint it out to be 'left-leaning', but it is a concept associated with supply-side bias in the economy, a conservative goal. companies can turn profits without hiring anyone in our post-industrial, outsource capitalist world.
just how labor-intensive do you think banking is on the dollar? your dictionary's old and tired, oldandtired. catch up.