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April 02, 2004
Job Growth and the Outsourcing Bogeyman
Let's see, we've lost 2.7 million jobs since the recession hit in 2001. "Forrester Research Inc. estimates that of the 2.7 million jobs lost in the last three years, only 300,000 have been from outsourcing." Today we learn that the economy finally turned in a solid month of job growth, clocking in at 308,000 new positions. Now bear with my extremely superficial analysis of largely unrelated raw numbers here, but one month of solid growth outweighs three years of job loss due to the dreaded plague of outsourcing? Is the outsourcing bogeyman really going to get us? Will Lou Dobbs ever find anything else to proclaim as the Fifth Horseman of the Apocolypse? Could this slow down John Kerry, aka the "Pandescenderer?" And will any political appointee ever have the ability to try and actually explain any of this to Americans without getting his head lopped off? I think that we all know the answers. UPDATE: I ike Drudge's headline and photo: "759,000 Jobs Added in Last 7 Months" ANOTHER UPDATE: At least two, count 'em, two followers of Marx and Engells are having a grim day today. Atrios's cornflakes taste extra soggy this morning. STILL ANOTHER UPDATE: Take heart lefties! If the job growth continues, you can always pray for another Lord of the Flies moment in Iraq! ONE LAST UPDATE: Gotta love Zzzzalon's headline off the AP Newswire: Companies add 308,000 jobs, but unemployment up. Heh. Posted by Bill at 09:39 AM
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