Tuesday, March 30, 2004

If things are so bad, why aren’t they, you know, bad?

Filthy Lucre

Dean Esmay (whose last name always sounded vaguely piglatinish to me) talks about the miraculous or nefarious jobless recovery we find our selves in the midst of:

Bill Hobbs’ ongoing investigation of the formation of Limited Liability Corporations--used exclusively by small businesses--has shown record growth in 10 states, now including Texas. Hobbs also notes that this explosive growth in small businesses does not show up at all on standard measurements of job growth, and would go a long way to explaining why unemployment is going down, welfare rolls are not increasing, homelessness is not increasing, but “jobs” are supposedly not being created.


Posted by Buckethead on 03/30/04 at 09:05 PM
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