[lbo-talk] Unemployment is a sign of strength...

Doug Henwood dhenwood at panix.com
Wed May 25 16:10:23 PDT 2011


On May 25, 2011, at 4:01 PM, James Leveque wrote:


> Anybody ever ask one of these guys what good is being competitiveness if it
> doesn't increase jobs? I mean, I know what I think it's for (profits), but
> I'm just curious what they tell the hoi polloi when this contradiction gets
> pointed out to them.

Long run, man. Short-term pain, long-term gain. Of course the pain is always someone else's.

Doug



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