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Originally Posted by Frosty
Proof of causation? Also, you mean unsustainable industries are cutting their resource consumption at a slower rate?
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So 100% of jobs created are from unsustainable industries? Like my industry? My current department got a ton of money from the stimulus. We got millions to get more ridiculously expensive experiment (which is made and serviced by US residents) people to train in biomedical research. My lab is partially funded by that bill and in a few months I start grad school because I got a ton of experience with biochem, molecular biology, biophysics, etc.....
My boss literally bought a 55k machine so that I could do research and in a few months we'll get a new multimillion dollar machine for x ray crystallography. All of this is funded by the stimulus.
Quote:
Originally Posted by Frosty
Interesting fact: Due to the current unemployment figures ommiting those no longer seeking work due to discouragement from entering the workforce, today's figures and those from the GD aren't all that different.
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Not all that different? So what is the % difference between those figures?
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Originally Posted by Frosty
Wasn't it predicted it would be lower than it is currently?
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Yes. You mean earlier last year?
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Originally Posted by Frosty
Just what we need more of, the same artificially cheap credit that got us into this mess.
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How is it artificially cheap credit? If people are getting back their jobs and wages are rising...
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Originally Posted by Frosty
Not necessarily a good thing in a time of increasing unemployment.
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Yes but it is increasing while at the same time job losses are decreasing.