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Subject:  Re: A Primer on Stagflation Date:  8/28/2004  1:43 PM
Author:  brucedoe Number:  8106 of 10595

I'm a retired geologist. We have a lot of sayings about "hard times." One is that McDonalds is the largest employer of geologists. The one I like is that an unemployed geologist is called a consultant. For this reason I doubt the household survey and agree with Greenspan that the household survey is less reliable. Self employed is often a "face saving" term or wishful thinking.

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