Lost Wages is hardly a good example of Macro Economic policy. Of course I expect the author has not lived through the single industry boom and bust cycle.
Interestingly enough he says all the Mexican Construction Workers left when construction died. What about all the American Construction Workers?
rick flair: why do you goofs keep trying to talk the market down? can't you look at a simpleton chart?
30 minutes ago
Low Sweat Investing: Deja vu '82? Unemployment hit 10.8% peak in Nov '82. SPY up 20% in 1 year. My article: This Market to Workers: Welcome to the Jungle, Sep 21
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Interestingly enough he says all the Mexican Construction Workers left when construction died. What about all the American Construction Workers?