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Reply #9: "...118,000 new service sector positions in August..." [View All]

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Human Torch Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-04-06 10:09 AM
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9. "...118,000 new service sector positions in August..."
That pretty much says it all.

I subscribe to the Silicon Valley Business Journal, and I get the daily e-mail update as well. Several times a week there is a news item about some Silicon Valley firm opening a facility in India. When you read about the companies that are hiring (and I'm not talking about the "service sector") it's always "we're hiring, but we're cautious," which means they don't want to hire at all but the serfs will stage a rebellion if they're worked any harder. "Productivity gains" generally mean whip the pony around the track until its heart explodes and then buy a new pony...at least in the California Bay Area. You'll be squeezed until you cry or die, whichever comes first.

Many of the stores, restaurants, gas stations and fast food places in Silicon Valley have "now hiring" in the windows. It's the kind of thing that leads Bush to stump for the re-election of GOP candidates in November with catchy phrases like "The economy is STRONG and gettin' STRONGER...we added 118,000 new jobs in August" (conveniently leaving out the "service sector" part).

:patriot:
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