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Reply #14: You May Follow Real Economic Numbers, But You Have No Clue On Reality [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
mhr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-04 12:16 PM
Response to Reply #8
14. You May Follow Real Economic Numbers, But You Have No Clue On Reality
The numbers continue to come up low, month after month.

Professional job growth is lagging terribly or those jobs are going overseas.

For a professional, a 40 to 60 percent cut in pay for a service level position is no job creation; that is backward progression.

So technically, you and others can claim success, but this is not success at all.

This economy, unlike prior economies, is not creating replacement positions.

In prior downturns, the economy would create similar positions in other industries, this is not the case today.

For specifics, look at the professional job losses in the January jobs report.

Frodo, you need to take into account realities, not your precious numbers.
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