AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
Economy Creates 163,000 New Jobs but Rate Rises to 8.3%
Hmmmm...Despite the seemingly good news, the report's household survey showed that the actual amount of Americans working dropped by 195,000, with the net job gain resulting primarily from seasonal adjustments in the establishment survey. The birth-death model, which approximates net job growth from newly added or closed businesses, added 52,000 to the total.
The household survey also showed 150,000 fewer Americans in the workforce.
In the land of Boo "public sector" means all gov't, he makes no distinctions between federal, state and local. He thinks public is public and private is private. A worker for IBM is the same as a worker for McDonalds, they are both private. A worker for the U.S. Armay is just like a Texas teacher they are both pubilc. In the land of Boo things are ONLY what he "feels" that they are. It is mind over matter, in the land of Boo, if Boo does not mind then it does not matter.
Last edited by ttwtt78640; 08-03-12 at 08:00 PM.
“The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman