Posts Tagged ‘Job losses’

The stock market and the job market

July 9, 2010

Click on THIS CHART to see that the stock market appears to be rebounding from the recession.

Click on THIS OTHER CHART to see that the job market does not appear to be rebounding from the recession.

I think economic policy should be directed at people who earn their living from making things and providing useful services more than at people who get their living from owning financial assets.  I think the financial markets should be the servants of the real economy, not its master.

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