Thursday, October 30, 2003

What does this really mean?

A little article on the economy.

It says:
1) Being the 7th consecutive month of job losses, 93,000 jobs went kaput in August;
2) WH spokesman Scott McClellan says there are a number of promising signs in the economy;
3) Wells Fargo chief economist says this is depressing and we've only seen the tip of the iceberg;
4) "Some reports estimate 5 million jobs — many high-paying — will be lost to other countries by 2015";
5) "The economy is growing, but demand is being filled from overseas"

Stop. Stop right there. That's what I'm asking. What does this really mean? The economy will be great, but we'll all be unemployed?

I can't go on. Read the rest yourself.

....but hey, do what you want....you will anyway.

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