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11/13/2011

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We have nothing like that in place or even in mind. Instead those desperate for any kind of job are to work longer hours for less pay and be appreciative for their opportunity.

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The bitter truth is that the employment prospects for a recent college grad are far more grim, especially full-time employment in their field of study.

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The Occupy Movement and everyone else worried about earnings inequality should be emphasizing the need to find ways to encourage more high school dropouts and high school graduates to get the required background and study habits so that they can, and want to, continue on for a college education.

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There‘s always going to be people that hurt you so what you have to do is keep on trusting and just be more careful about who you trust next time around.

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As compared to the post-World War II era, Americans with high school diplomas today are much less likely to find manufacturing jobs, because there are 2-3 billion people in emerging economies with similar skills who are willing to work more cheaply in order to have a shot at attaining a middle class standard of living.

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Global demographics instruct that manufacturing job growth in nations with emerging economies will continue to outpace manufacturing job growth in America.

MDMJD

I think it's hilarious, albeit tragic and appalling, that those who think like pathological narcissists or sociopaths - content not to think beyond the cramped confines of their own comfortable little plutocratic niche - fancy themselves the realists and look down their noses at those who consider the well-being of their communities as a whole, including the least powerful and most vulnerable, as "unrealistic."

Who's living in a fantasy world?

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Ha! what IS happening in housing, and likely bad news for banksters sitting on a powder keg of soon to be bank owned empty homes, perhaps devoid of copper plumbing and all else that can be torn loose is "non-traditional" buyers. Driving around they all look like traditional Ozzie and Harriet family homes, but not long ago traditional families became less than 50% of the market with the other 50% being unmarried roomates, gays, Lesbians, and a myriad of other arrangements.

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Demand limited to what? If your going to start a business in a completely saturated market then go right ahead but speak for yourself.

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In economics, demand is the desire to own anything, the ability to pay for it, and the willingness to pay[1] (see also supply and demand). The term demand signifies the ability or the willingness to buy a particular commodity at a given point of time.

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YYYYYYYYes~~~~~~~~~~~ you will probably lose a few cents in the transaction. If enough people do this, pressure will grow to abandon the penny. I usually refuse pennies as change for this reason.

mary

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All of the sci-fi stories pointed to a shorter work week, more leisure time and industries developing around increased leisure time coupled with the income to enjoy it.

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There‘s always going to be people that hurt you so what you have to do is keep on trusting and just be more careful about who you trust next time around.

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Global demographics instruct that manufacturing job growth in nations with emerging economies will continue to outpace manufacturing job growth in America.

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Thanks Mr Becker for sharing the information.

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I hope all is good and you will be blogging very soon! Sending all my positive thought to you!

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I think it's hilarious, albeit tragic and appalling, that those who think like pathological narcissists or sociopaths - content not to think beyond the cramped confines of their own comfortable little plutocratic niche.

Paul Smith

Merci beaucoup pour votre article.

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Thank you for such an informative website and post on the EU debt crisis. This is particularly the case when there seems to be constant and volatile opposition in these weaker EU nations to austerity measures.

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Merry Christmas, Professor Becker and Judge Poser.

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