[lbo-talk] employment

Doug Henwood dhenwood at panix.com
Fri Sep 5 13:02:46 PDT 2003


budge wrote:


>I just heard from Walter Williams that it's all good because
>the reason there isn't job growth is because of the
>fantastic productivity gains due to technology.

One funny thing about this argument is that the tech investment boom collapsed three years ago. So maybe it's the lack of new tech - people are finally learning to use the stuff without it crashing - that's the real key. Either that, or the tech story is bullshit.

Doug



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