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<blockquote type=cite class=cite cite><font size=3>No. This is a huge
economy and it needs lots of domestic demand to keep going, and dom dem
can't keep going just on refi and tax refunds (which are fading stimuli
now). By "we" I meant the U.S. macroeconomy, rudely and
recklessly effacing all the differences of class, region, sector, etc.
George Bush sure cares about the labor market, or he'll find himself
following in his father's footsteps, though, unlike his father, well
before normal retirement age.<br><br>
Doug</blockquote><br>
Just curious... is there any evidence-- from behavioral economics
studies, or in the business press, or from people snooping around
boardrooms, that CEOs-- of the Fortune 500, say, actually worry about
such things? I accept that George Bush better care, but might there
not be some slippage between his concerns and the concerns of corporate
capital? Last I knew, the latter unfortunately don't have to worry
about getting elected. What evidence is there that capitalists care
about the macro economy in general, or employment specifically?<br><br>
Cliff<br>
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