Все хуже чем я думал. Я думал, щас не хуже чем с предыдущим Бушем, оказывается - таки хуже, при чем тенденция..
Надобно сказать, что многое по обьективным причинам, от Буша не зависячим - тем более надо было использовать запас Клинтон создал, а не боротся с мифическими террористами.
[url=http://biz.yahoo.com/bizwk/040121/b3867044_1.html]Commentary: So Where Are The Jobs? Maybe They're Not On The Way
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Yet peering through the fog, it's clear that something has changed. In the nearly three years since the recession started in March, 2001, the private sector has lost almost 3 million jobs. In contrast, almost three years after the 1990 recession started, all of the jobs lost during the downturn had come back, plus a few more
The patterns of the past three years -- if they persist -- indicate that the U.S. is leaking jobs at a rate of 1 million per year. A closer look shows the main causes: Faster productivity growth in manufacturing, a three-year gain of only 2% in U.S. exports, and government attempts to control spending on home health care and nursing homes, industries that employ millions of low-wage Americans. In addition, college-educated workers face a threat -- now in its early stages -- of competition from better-educated workers around the world.
Still, continued weakness in the labor market raises the question of whether the link between job growth and gross-domestic-product growth, which economists have long accepted, has been broken. Even the 8% growth the economy turned in for the third quarter generated hardly any new jobs.
Historically, periods of high productivity growth, such as the 1960s and the '90s, also bring strong job markets. High productivity and lower costs help keep prices low, which generates more demand.
But if demand stays weak, the cycle is broken, and higher productivity translates into fewer jobs. That's the fate of manufacturing, where output is down 3% since the recession started. Over the same stretch, factory productivity has gone up by about 15%, vs. a 9% rise in the comparable period in the early 1990s.
The faster rise in productivity accounts for roughly half the 1.5 million shortfall in manufacturing jobs. As long as manufacturing has overcapacity, that erosion is likely to continue.
И куда ж теперь за деньгами подаватся?
В общем, 90 канадских копеек дам за ваш доллар, и не больше!
1.60US за евро он the way.
