tag:blogger.com,1999:blog-2948538160252327076.post5858889312696478846..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Another economic miracleAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2948538160252327076.post-74523497577259450992008-10-04T20:14:00.000+01:002008-10-04T20:14:00.000+01:00Just read that 94% of all new job growth in Canada...Just read that 94% of all new job growth in Canada in the past five years has been in construction. And now their construction sector is going bust. Hmm? Maybe too much was put into the housing bubble, when we should have been starting intelligent businesses?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-87104279167874506902008-10-04T16:32:00.000+01:002008-10-04T16:32:00.000+01:00Don't forget that US employment figures don't coun...Don't forget that US employment figures don't count "discouraged" workers and those whose unemployment benefits have run out.<BR/><BR/>This means that the actual numbers not working have risen for a number of years - just quite a few of them haven't been counted.<BR/><BR/><A HREF="http://www.marketoracle.co.uk/Article5749.html" REL="nofollow"> See here for a little treatise on the subject. </A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-79597501564148626302008-10-04T13:26:00.000+01:002008-10-04T13:26:00.000+01:00Bah. Never heard about Okun's law?Actual GDP growt...Bah. Never heard about Okun's law?<BR/><BR/>Actual GDP growth below potential growth causes higher unemployment rates. Allow for some time lags between activity and unemployment, and it ain't weird. <BR/><BR/>/PecanpajAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-29632089073130487092008-10-04T12:22:00.000+01:002008-10-04T12:22:00.000+01:00Economy getting bigger with fewer workers - classi...Economy getting bigger with fewer workers - classic deflation through increased efficiency of industrial processes, ultimately leading to overproduction and depression, maybe. It has happened before. B. in C.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-59549401784962877052008-10-04T11:48:00.000+01:002008-10-04T11:48:00.000+01:00sounds like someone is fiddling the figures.sounds like someone is fiddling the figures.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-23599967155149993932008-10-04T11:25:00.000+01:002008-10-04T11:25:00.000+01:00Alice,We are living in Wonderland over here. Bush...Alice,<BR/><BR/>We are living in Wonderland over here. Bush is our Harding with one of these idiots about to become our Hoover. We are so screwed it isn't even funny. My only solace is we are taking the rest of the world down the rabbit hole with us. See you with the Red Queen.<BR/><BR/>Sequoia<BR/><BR/><BR/>If we don't get credit flowing again this suckers going down. <BR/><BR/>Our beloved leader of the nukular age George Anheiser BushAnonymousnoreply@blogger.com