tag:blogger.com,1999:blog-16179347.post7676751051248057584..comments2023-10-02T18:02:52.243+10:00Comments on 3 Word Slogan: Economic conundrumsCartledgehttp://www.blogger.com/profile/11929350278316125588noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-16179347.post-5394046668076731292008-03-12T12:13:00.000+10:002008-03-12T12:13:00.000+10:00abi, thanks. I promise I will stop picking on the ...abi, thanks. I promise I will stop picking on the US economic ignorance now :) <BR/>I was just posting - US Fed a sub-prime lender? - when your comment came through. The LA Times article was very encouraging.<BR/>Still, i wouldn't like to be facing the crisis you guys are set to go through.Cartledgehttps://www.blogger.com/profile/11929350278316125588noreply@blogger.comtag:blogger.com,1999:blog-16179347.post-50012466521426918682008-03-12T11:40:00.000+10:002008-03-12T11:40:00.000+10:00Sorry - meant to leave a link to the LA Times stor...Sorry - meant to leave a link to the LA Times story:<BR/><BR/><A HREF="http://www.latimes.com/news/opinion/commentary/la-oe-costanza10mar10,0,7077076.story" REL="nofollow">http://www.latimes.com/news/opinion/commentary/la-oe-costanza10mar10,0,7077076.story</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16179347.post-33787149279551362572008-03-12T11:39:00.000+10:002008-03-12T11:39:00.000+10:00The Los Angeles Times ran a story along these line...The Los Angeles Times ran a story along these lines yesterday. The writer claims that Gross Domestic Product is not a reliable indicator of good and bad times, being too focused on money alone, and not quality of life.<BR/><BR/>This is one reason George Bush can claim with a straight face that the US economy is doing well while so many are suffering. The other reason, of course , is that he's a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16179347.post-1329010332128541302008-03-12T06:19:00.000+10:002008-03-12T06:19:00.000+10:00Lindsay, thanks for your insights. You raised even...Lindsay, thanks for your insights. You raised even more issues on the labour market, I shall note and inwardly digest. On the rate rises, I’m really starting to believe they are driving rather than dampening inflation. But as you say, we do have some good minds on the Reserve Bank board.<BR/><BR/>D.K. I love it when people make a liar out of me. So often I’ve been at loggerheads with my AmericanCartledgehttps://www.blogger.com/profile/11929350278316125588noreply@blogger.comtag:blogger.com,1999:blog-16179347.post-82441333187472881672008-03-12T04:38:00.000+10:002008-03-12T04:38:00.000+10:00Unemployment is also skewed here by the chronicall...Unemployment is also skewed here by the chronically unemployed. Once they go beyond their 13-week state unemployment benefit period & whatever the fed extension is (I think an addl 13-wks), they fall off the charts. No longer unemployed? Not hardly.<BR/><BR/>Oh, so you've also noticed those shrinking grocery product pkgs. That's been the norm here for some time. Who are they fooling? What, D.K. Raedhttps://www.blogger.com/profile/01451065603615752038noreply@blogger.comtag:blogger.com,1999:blog-16179347.post-55398230344571256982008-03-11T20:59:00.000+10:002008-03-11T20:59:00.000+10:00Unemployment is always understated since anyone wo...Unemployment is always understated since anyone working just a few hours a week is considered employed and there are always a growing number of part time workers who prefer fulltime employment.<BR/><BR/>Hence as your aware there exists a vast reservoir of untapped potential. And it evident we are suffering from a decade of under resourced investment in training, in all fields of education, lindsaylobehttps://www.blogger.com/profile/16774918551798647046noreply@blogger.com