[lbo-talk] Naive Qs

C. G. Estabrook galliher at alexia.lis.uiuc.edu
Tue Mar 2 14:31:03 PST 2004


...from this morning's WSJ:

[1] In a contrast of Bush-1 and Bush-2, it's said that according to the BLS, "1.4 million civilian jobs have been created in the past year ... [in] 1990 and 1991, civilian jobs declined by 1.4 million" (p. A18). Is that so?

[2] "...Greenspan warned that if China were to let its currency float immediately ... it could ... threaten the world economy" (p. A2). But isn't the administration's policy to draw down the dollar relative to trading partners' currencies? Another embarrassment from the Fed chair? --CGE



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