Quote:
Originally Posted by EarnedStripes44
Perhaps this is a "jobless" recovery.
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I wouldn't worry about it..the Kenyan Kommunist told us the he was going to focus like a laser on jobs....wait...maybe that was meant to say he'd be destroying jobs with a laser death ray or something
WIKIPEDIA .....A "jobless recovery" or jobless growth is a phrase used by
leftist economists, especially in the United States, to describe the recovery from a recession, where "recovery" is defined as growth in gross domestic product (GDP), which does not produce strong growth in employment, specifically a rapid drop in the unemployment rate to the level it was prior to recession.
The first documented use of the term was in the New York Times in the 1930s.[1]not a coincidence
A jobless recovery is
usually seen as a bad thing in a capitalist industrialized society. This is primarily because in such a society most people need jobs to earn the money they need to purchase goods and services from the marketplace.
Also, secondarily, doing something useful and productive is usually connected to a healthy individual's self-esteem and his or her positive relationships to the larger community. An alternative
(Progressive liberal democrat) view is that a jobless recovery could be a step towards a post-scarcity society full of abundance for all
if you are a communist moron-- as a new stage of cultural development with increased leisure and volunteerism.
in other words, lazy ass government dependents and democrat voters That alternative view represents a trend that many technologists, futurists, and heterodox economists have predicted
dreamed of and fantasized about in their deranged leftist cult meetings for decades.