Friday, August 20, 2010

Evil economics works

Of course, Tecs....
Posted by at
Labels: ,

10 comments:

Tecumseh said...

Rick Perry is good.

8/20/2010 11:11 AM
Tecumseh said...

But Massachusetts is doing even better. Natch.

8/20/2010 11:15 AM
Mr roT said...

You seem to be reading something into the article's words or have seen some other source.

Anyway, in Massachusetts, ACORN is a private - sector job.

8/20/2010 11:23 AM
Tecumseh said...

OK, let's compare the numbers from the respective articles, shall we:

(1) Texas employers added 4,600 jobs in July, the smallest monthly gain since February... The small net job gain was the result of continued growth in private sector payrolls combined with a 23,300-job reduction in government payrolls.

(2) Massachusetts added 19,200 private-sector jobs, the largest monthly gain in more than 20 years.

And, to further put things in perspective, TX has 24.7 million residents, whereas MA has 6.6 million residents.

Reading and arithmetic are basic skills that need to be honed, while not traipsing around the alpages.

8/20/2010 11:32 AM
Mr roT said...

You don't tell me how many public-sector jobs were added in Mass though.

Obviously if you add 100,000 people to the gov't, they will be able to buy pizzas...

I think you're being simplistic, Tecs. I suggest a sober, bracing diet of \lesssim.

8/20/2010 11:43 AM
Tecumseh said...

OK, here are the precise figures:

the Massachusetts economy added 13,200 jobs in July - the sixth straight month of employment gains. All of the additions came in the state’s private sector, which created 19,200 jobs. That offset a loss of 6,000 government positions during the month - mostly temporary U.S. Census workers.

As usual, CDs beat \lessims hands down.

8/20/2010 12:00 PM
Mr roT said...

Interesting, but hard to believe. Mass was losing inhabitants pretty much straight through the decade. Now there's a surge in a Dem state. I smells a rat, Tecs.

8/20/2010 1:22 PM
Tecumseh said...

With Rot out of the picture, and AA & Tecs firmly in charge, the state is booming. It's all making sense now, non?

8/20/2010 1:43 PM
Tecumseh said...

Some partial explanation:

The state is recovering more quickly than other parts of the country because its industries depend more on technology and business spending, and less on housing and consumers, according to local economists.

In the two previous recessions, which were led by technology and business spending busts, the state’s mix of industries meant longer and deeper downturns. This time, a national housing collapse and pullback in consumer spending led the recession.

It's the brains, you see.

8/20/2010 1:47 PM
Tecumseh said...

Counterpoint: Rot writes an irate letter to the Globe:

57-States wrote:
Every month since Obama has been President and patrick Governor, the Globe has written how the economy is in recovery and getting better.
How come unemployment was LOWER when they were elected? How come housing was BETTER, Stock market BETTER, Private sector raises BETTER, BEFORE they were elected, but every month the economy imporoves. Oh yeah, George Bush's fault, Fox News and i'm a racist.

8/20/2010 1:51 PM

Post a Comment

Subscribe to: Post Comments (Atom)