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'Georgia's economic recovery is complete'


  Thursday, January 29, 2004


'Georgia's economic recovery is complete'

'Ragged growth,' 'complete recovery,' and '1 out of 5 manufacturing jobs lost' don't go together well in my opinion.

From http://www.macon.com/mld/macon/news/7821433.htm:
 
After two full years of "ragged growth," Georgia's economy will be substantially better in 2004, a state economist said Wednesday.
"Georgia's economic recovery is complete," said George Benson, dean of the Terry College of Business at the University of Georgia, during a presentation at the Wilson Convention Center.
(...) The state jobless rate will rise to 5.3 percent in 2004 from 5 percent in 2003, he said.
(...) "The outlook overall, I think near-term is for gradual improvement in the economy limited by the continued weakness in manufacturing," he said. "New business location may buffer some of this as well as existing firm expansions."

Buy American-made. Too many jobs have been lost to overseas in the last few years. This goes from customer support departments in India to manufacturing in Mexico, where lax environmental standards allow manufacturing at a fraction of the price. - But the bottom line is not the only thing that counts!

06:59 AM   

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