Quote:
Originally posted by Paq
doh doh doh
sorry
your'e right, but i meant the angle, not the ultimate destination. Sorry about that. you're right that it was updated, i just meant that the increase angle looks similar between the two when nothing justifies that.
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It can be justified depending on your beliefs about the market. The assumption being made by the administration (and most economists) is that the dam will burst so to speak. Once hiring starts it will take off. The thinking can certainly be debated but right now most theories say that jobs are always a lagging indicator and that as the economy continues to grow, companies will be forced to hire.