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McCain's EBay Model for Jobs Finds Few Buyers Among Economists

Started by Allhallowsday, June 24, 2008, 05:08:00 PM

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Allhallowsday

McCain's EBay Model for Jobs Finds Few Buyers Among Economists  
June 24 (Bloomberg) -- John McCain's model for ginning up the economy isn't Keynesian or Milton Friedmanite. It's EBay Inc.

The presumptive Republican presidential nominee regularly asserts that 1.3 million people worldwide ``make a living off EBay.'' He holds up the figure as evidence the world's largest Internet auctioneer is a model for job and economic growth... 

http://news.yahoo.com/s/bloomberg/20080624/pl_bloomberg/ajxbcbplynwy

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CheezeFlixz

Quote from: Johnny Boy``You know the economists?'' McCain said June 12 at Federal Hall, near the New York Stock Exchange. ``They're the same ones that didn't predict this housing crisis we're in. They're the same ones that didn't predict the dot-com meltdown. They're the same ones that didn't predict the inflation that's staring us in the face today.''

I think that's a valid point, all partisan aside I've never met an expert. I've met a lot of people that have a high opinion of themselves, but not an expert.

For every expert that says the sun is shining outside, there is another saying "No it's raining."