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Originally Posted by Gram Negative
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.
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Much of that resource use probably is unsustainable if it was only funded through government throwing money around.
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Originally Posted by Gram Negative
Not all that different? So what is the % difference between those figures?
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First graph on the main page.
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Originally Posted by Gram Negative
Yes. You mean earlier last year?
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Predictions were probably from sometime last year yeah.
Quote:
Originally Posted by Gram Negative
How is it artificially cheap credit? If people are getting back their jobs and wages are rising...
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Because the government (central bank to be specific) is running hugely expansionary monetary policy i.e. cheap credit. Your second sentance doesn't even make sense in the context.
Quote:
Originally Posted by Gram Negative
Yes but it is increasing while at the same time job losses are decreasing.
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And unemployment is still high?