...I'm okay with being REALITY-based.




Tuesday, November 04, 2003
      ( 2:55 PM )
 
In Search Of...

A definition. What the heck is a "jobless economic expansion"???? How can the economy actually expand when people are losing jobs? My inner logic tells me that when more jobs are lost, then more people will STOP spending money, which doesn't seem to equal an actual "recovery" or "expansion." So is this some kind of fake bubble that is expanding without any true foundation of jobs, or is there actually something legitimate about a "jobless expansion?" It just doesn't sound right...

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