[Info-vax] AXIS2/C, gSOAP

George Cook cook at wvnvms.wvnet.edu
Mon Aug 9 23:10:08 EDT 2010


In article <c3a9d489-d4d8-452e-a2d4-016a0e07348f at g33g2000yqc.googlegroups.com>, Neil Rieck <n.rieck at sympatico.ca> writes:
>>
>> That's not "uber-capitalism", this is simple
>> economic common sense.
>> Even a non-capitalistic economy would have to obey this law.
>> Eastern block economies didn't and went out of business.
>>
> 
> Sorry to be repetitive but uber-capitalism is the relentless emulation
> a cancer. (constant growth). Economists who continue to demand this
> are deluded. Event a small growth rate of 2% per year is still
> exponential growth.

The second quarter US GDP growth rate of 2.4% resulted in a 131,000
job loss.  2.4% is far too little to reduce the underemployment rate
of 16.5%.  The third quarter rate is expected to be even lower which
will result in the unemployment rate rising above the current 9.5%.

The first quarter 3.7% GDP growth rate was barely enough to start
putting a dent in umemployment.  Unfortunately, the current
administration has pursued very anti-growth policies, so high
umemployment will continue for the foreseeable future.


George Cook



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