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Updated over 14 years ago on . Most recent reply

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Bienes Raices
  • Orlando, FL
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Is the Eurozone about to break apart?

Bienes Raices
  • Orlando, FL
Posted

I keep hearing rumors of this, but I don't whether it's a real possibility, or just more hysterical drama. And for someone who knows more about econ. than I do, why is the EU necessary to compete? After all we don't see an AU (Asian Union)

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Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
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Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Replied
Originally posted by Rich Weese:
I watched an interview with a census worker. She stated that she was hired short term , let go and hired again. If true, those were 2 of the jobs. Gee, I wonder if there might be more of those???

Rich,

You obviously don’t grasp how our Government works. It is absolutely NOT 2 jobs. Pay attention here – at no time do the fingers leave the hand:

It’s all about jobs that were “created or saved.â€

We’ll use your example of the Census worker that was hired twice.

1st time hired = 1 job created or saved
2nd time hired = 1 job saved (the original position) + 1 job created (the new position) = 2 jobs created or saved

If the original position was previously held by a different worker it would also count as a saved job.

So you see, the Census worker that was hired twice is most likely 4 jobs created or saved.

Then there is the election factor – to be sure that everybody is accurately counted we will automatically double the results.

So the Census worker that was hired twice is 8 jobs created or saved.

I hope that clears it up for you.

:cool:

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