It's *not* the economy, stupid!

[dolo amber]

All this time I've been blaming the Shrub Cabal for the crap job market. Now I read it's just that technology has taken the place of human workers!! I feel so bad for badmouthing our Great Leader I'm going to go give myself 40 lashes. :( </shame>

Excerpt:
One culprit is all that seemingly profligate spending on high-tech during the ’90s boom. More than three years after the bust, it’s continuing to generate a productivity payoff inside companies. At Silicon Valley giant Cisco, wireless networks, online sales-tracking tools and portable, Internet-based telephones are all helping employees do more work in less time. With $1.9 billion in productivity savings last year, Cisco can boast to Wall Street of increasing profits without adding employees.

http://www.msnbc.com/news/946725.asp

(This is a link I found directly from the MSN homepage, btw...damn liberal media my arse!)

on edit: This should have probably gone into GD but I'm too delicate for that hostile environ. ;)

[efhmc]

1. You seem tougher than that to me. Tonight, I understand from our Co

chair, bush said that he inherited a economy that was in recession. Not true, of course, but if so why doesn't he find a way to change it as Bill Clinton did? (By the way I never listen to or look at that horrid little man so this is second hand knowledge.)