Msg. 00800 of 18626 (This msg. is a reply to
00797 by
capt_nemo)
Jump:
I understand that the 117k figure announced today doesn't even keep up with the rate at which the population is growing. It would take something like 175,000 new jobs per month to get the unemployment figure down to 5 percent . . . by 2018!
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
- - - - - The above is a reply to the following message:
US Economy Has To Generate 256K Jobs Per Month Until The End Of Obama's Second Term To Regain Lost Jobs Since December 2007
By: capt_nemo in
WRGO Fri, 05 Aug 11 7:33 PM
Just one problem with that thinking. There have been many jobs that have been trimmed that were not really needed in the first place. And a lot of jobs that will not come back. So many companies closed their doors and these jobs are gone for good. The building industry will never be what is was in the prime of this bullchit, everyone NEEDS to own a home, even the ones that could not afford them. This is the new norm, Companies have trimmed the fat and will get by with fewer.
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