Politics and economics can be very entertaining if they are mixed with just the right degree.
A few days ago, Michigan Representative John Digell sent a letter to Gregory Mankiw, the Bush’s Council of Economics Advisers chairman concerning the definition of manufacturing.
Before I go on further, I must say that I respect Mankiw. However, quoting Rep. Dingell:
“I am sure the 163,000 factory workers who have lost their jobs in Michigan will find it heartening to know that a world of opportunity awaits them in high growth manufacturing careers like spatula operator, napkin restocking, and lunch tray removal.“
The food industry is considered as a part of the manufacturing industry? Bush must be really desperate to ‘improve‘ the unemployment rate figure. Read the full letter at the US House of Representative.
