August 12, 2003
State of the Economy
Rob Schaap at Blogorrhoea pretty much sums up the latest economic news:
A blogorrhoeaic summary: Shrubya's promised job splurge ain't coming, rather direct investment is down, unemployment is up and wages are all but static in real terms. Excess capacity stalks the manufacturing sector and the information technology is having trouble growing demand - and we must doubt that clever marketers can entice consumers to ignore their mounting debt for much longer.Go here to read the rest. Posted by Steve on August 12, 2003
