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

[Tom Lehman]

Doug---How long can you hollow out the goods producing sector of the
economy?  That's the situation that will prove itself to be
unsustainable---the question is how much longer can this trend be pushed,
and, at what economic, political and social cost?

Tom Lehman

John Boy

Doug Henwood wrote:


> 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