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Updated almost 15 years ago on . Most recent reply

Is the Eurozone about to break apart?
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)
Most Popular Reply

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: