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Jobs Versus Net Jobs

Wumingren Wrote: Jul 11, 2012 9:04 AM
GM is shipping more and more of its jobs to China, including its Design & Research division, which is also a transfer of technology that will give the Chicoms an even greater advantage in the auto industry. You can expect a flood of Chinese cars and trucks -- not GM cars and trucks, but Chinese makes and models -- in the future.
One of the reasons for the popularity of political rhetoric is that everybody can be right, in terms of their own rhetoric, no matter how much the rhetoric of one side contradicts the rhetoric of the other side.

President Obama constantly repeats how many millions of jobs have been created during his administration, while his critics constantly repeat how many millions of jobs have been lost during his administration. How can both of them be right -- or, at least, how can they both get away with what they are saying?

There are jobs and there are...