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Alias Born | 07/17/2003 |
Saturday, November 08, 2003 1:14:55 AM
Does 6.0 percent unemployment sound like job growth. That 6.0 percent does not include those that have run out of unemployment benefits and every month the number of jobless claims gets revised up because the figure is low balled.
I was against NAFTA when the Clinton signed the agreement. But, Clinton negotiated to approve NAFTA as a compromise for other incentives which helped to mitigate the job losses. Eight years of unprecedented economic expansion under the Clinton administration made NAFTA palatable at the time. In hindsight I was right in my original assumption about NAFTA but it wasn't until after the Dot.com economic bust that the economic damage of NAFTA became a reality. Now that corporations are reaping profits from cheaper manufacturing overseas they want to cut more by outsourcing support Jobs.
What we don't need ... especially now .... is more job losses. Businesses need to look towards long term growth. Apple is one of the few companies that looks beyond quarterly results and maps out a long term strategy to grow its business and its starting to payoff.
This is not about Democrats or Republicans this is about whats good for American workers and what is good for American businesses in the long run not quarterly spreadsheets.
"The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn." ~ Alvin Toffler
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