On 8/29/2009 10:10:54 PM, John Williams ([email protected]) wrote: > On Sat, Aug 29, 2009 at 7:39 PM, Rceeberger<[email protected]> > wrote: > > > If GM and Chrysler had gone out of business there would have been a wave > of unemployment like we have never seen in our lifetime. There would have > been no one to pick up all those unemployed in the short to medium term. > > Or not. The system is much too complex to make these kind of > off-the-cuff predictions. Most people are not even aware of the > numbers involved. When the monthly employment net change numbers come > out, and there is a change of +200K or -120K or whatever, the actual > number of people who were hired in a new job or lost a job are much > higher, in the millions. Compare gross jobs gained or lost in a > quarter (often around 10million) to the number of people employed by > GM or Chrysler. Then look at gross jobs for a year. People change jobs > in the millions all the time. A complex economy like the US has a > large churn rate, and it is nearly impossible to predict exactly what > jobs will be created and destroyed even 1 year ahead. >
You are so blinded by your political philosophy that you cannot even see what a ridiculous statement you just made. Either that, or you are completely ignorant or the realities of manufacturing. xponent Complete Lack Of Fluidity Maru rob _______________________________________________ http://mccmedia.com/mailman/listinfo/brin-l_mccmedia.com
