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Zeev Hed

06/13/04 8:15 AM

#256506 RE: orkrious #256505

I don't, but you got to bring the same statistics to the years 1995/2000 when an average of 250,000 new jobs/month (of the same kind) were reported and economic activity in terms of GDP averaged more than 4% per year. If you use the same statistics, you may find that there was no job growth in the last decade of the last century, yet, miraculously, we grew so fast that a bubble was formed.

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goodluck

06/13/04 5:04 PM

#256581 RE: orkrious #256505

OK, Ork, please enlighten me: what is the "birth/death" model? Your link didn't explain anything.
tia,
gl