Quote:
Originally Posted by roachboy
well, it's often a good idea to read the article cited in an op before you opine on it, ace, but whatever that's fine.
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Your assumption that I did not read the article is incorrect.
I tend to focus on the key points that are most relevant. On this subject it is the question of job growth. I chose not to comment on the false premise that there is a new jobless era, other than to say we control our own destiny in this regard. The flaws in measuring real unemployment and under-employment are well documented and they have been consistent over time. Job growth being a function of real economic growth based on real demand per-capita increases, organic demand increases based on population growth, trade, and productivity can easily turn positive generating all the jobs we want. The choice is ours, it is in our control. There is not some hidden force dictating a "new era". So, my first response is to direct our focus on fiscal policy and the impact it may have in the next 2 to 3 years.