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| "Jobless Recovery" | |
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| Tweet Topic Started: 26 Oct 2009, 05:30 PM (369 Views) | |
| Lundymaphone | 6 Nov 2009, 08:58 PM Post #11 |
Intellectual
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You keep mentioning the Stimulus (directly or otherwise) which I never mentioned. I simply stated that if GDP Growth/Increased investment and more consumer spending happen that companies will begin to hire, which will cause eventual job growth, can it fail once or twice? Sure but arguing that those three core factors do not create an incentive to hire is like saying that water will not help a tree grow. What you are alluding to is more of a "complete and eventual failure of the system" as opposed to specific short-term issues like the next decade or so which is what the conversation is about.
Edited by Lundymaphone, 6 Nov 2009, 08:59 PM.
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| Richard | 10 Nov 2009, 12:16 PM Post #12 |
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Minister of Love
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Harry Seldon much. |
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| Ryan | 10 Nov 2009, 07:57 PM Post #13 |
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Intellectual
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Never heard of him, what did he say/do? I was just speaking spontaneously. |
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| Richard | 11 Nov 2009, 02:41 PM Post #14 |
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Minister of Love
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He's a character in Asimov's Foundation who invented a science known as "Psychohistory". It uses the mass of humanity (by this point there are countless human's spread across an intergalactic empire) and the values of how they act to predict how the economic and political currents of the empire will resolve, up to several decades, or even centuries, in advance. Essentially, it views people the same way physicists view particles, we can't pin down individuals (they don't really matter anyway), but we can predict the overall behavior. |
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9:25 AM Jul 11