This page is a permanent link to the reply below and its nested replies. See all post replies »
TheOneyouwerewarnedabout · 41-45, MVIP
[image deleted]
Xuan12 · 31-35, M
@TheOneyouwerewarnedabout And how many of them are in coal?
TheOneyouwerewarnedabout · 41-45, MVIP
What’s that got to do with the price of eggs
Xuan12 · 31-35, M
@TheOneyouwerewarnedabout What does the price of eggs have to do with the employment rate?
TheOneyouwerewarnedabout · 41-45, MVIP
get of the crack
Xuan12 · 31-35, M
@TheOneyouwerewarnedabout You don't have an answer, naturally. My explanation is simple. Obama's statement can be true, even if unemployment is low. How many sail makers are there left in the world? How many horse breeders? How many armorer smiths? Not many. There simply isn't a big enough market for those things for there to be many of them anymore. The jobs of old don't always come back. The old gets replaced, and clinging to it won't do any good. Which makes me curious what the demographics of the new economy are. So like I said, with natural gas still trouncing coal, which has added only 1,300 jobs in a years time, even with generous political support. There simply isn't a practical way to justify expanding the coal industry in the face of superior competition. Even increased foreign demand from China (something you're quite familiar with) hasn't done much, since much of that output was simply taken off the anemic US market, and much of the labor was automated.
So what's your explanation of the price of eggs relating to employment rates?
So what's your explanation of the price of eggs relating to employment rates?