The China Deal: If You Can't Sell It, Buy It

Doug Henwood dhenwood at panix.com
Sun May 21 12:48:04 PDT 2000


Tom Lehman wrote:


>Doug---You raise the same question that John Boy raised a few weeks ago.
>"Your on unemployment or welfare, but hey, things are cheaper?"
>
>The question is who long can this situation be sustained?

What situation? The unemployment rate hasn't been this low since January 1970, and then 58% of the adult population was employed, vs. 65% now. The unemployment rate in the midwest is 3.3%.

And who's "John Boy"?

Doug



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