Quote:
Originally Posted by Boreas
All that data really shows is that the rate of growth is slowing down. That's what happens as you approach full employment. I mean look at NoDak! From 45.1% ten years ago to 3.9% now and nobody would say that the oil boom has hit reverse there.
John
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I haven't looked poked my head into Political Chat for what I believe to be a couple of years now. Just swinging through because of the AK retooling. Just for the record and for those who have forgotten or didn't care to begin with, I'm the guy that has a distinct dislike our current representatives from both the left and right.
Be that as it may, using the term
full employment or even
approaching full employment is a bit silly based on how these figures are calculated.
Our numbers really kicked ass during the holidays with all the part time and student hiring. Alas, all good things and much ballyhooed employment figures eventually come to an end. This usually happens after the 1st of the new year.
You really have to look at the time frames of the Pawlenty and Dayton policy's then account for the amount of time elapsed to accurately judge the results of each.
Oh and Rob, I received a hiring bonus also that was paid out in my second year. I was happy to get it but hardly viewed it as the sign of a robust hiring economy.
Once again, ladies and gentleman of Political Chat. Have fun pointing fingers and chastising your chosen opposition. Until we meet again, Adios and farewell.
RC