Quote:
Originally Posted by eherlihy
Where do you live???? That is not the case in the northeastern United States, on planet earth.
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Actually if you had read the post I live in the Great white north. Or to those who are not fans of Bob and Doug Mackenzie, Canada. The Unemployment rate is about 8% and we dont measure it like you folks we actually measure it correctly. I have always figured that about 5% is endemic unemployment. In short the rate will never fall below that so we have about 3-4% who really want to work who cant find work. Not that they are looking that hard in my mind as an employer I find it hard to fill positions in Agriculture. Even as equipment operators.
BTW the USA is a unique situation today and your experiences do not nessasarily translate to the rest of the world. Your fiscal policy is a mess, your dollar is shaky as hell and will take a nose dive IMHO, you have interesting misconceptions about the quality of health care you receive and you simply consume more than you produce. If I was a bank and you were applying for a loan I wouldnt give it to you.
Sorry but the US simply is not on planet earth anymore from a reality perspective. You exist up in the clouds where hope is reality and wishes are gumdrops. And bills simply dont need to be paid. Take California they still owe BC 1.5 billion for electricity from the enron mess and are as a whole dead beat customers. We should turn off their power until they pay their bloody bill.
In any case I am concerned that the US move towards stimulus simply isnt the medicine we need but rather the opposite. Increase interest rates, let big banks fail, let the economy heal itself by culling out those businesses(like North American auto companies) who cant compete. We are simply prolonging the pain and probably going to make it worse in the long run.
But I really would still like to hear Wind's take on our overheated state up here.