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   Message 89,262 of 90,757   
   jalewin@gmail.com to All   
   Proof in the Pudding   
   29 Jan 15 08:17:11   
   
   Since September 2014 the monthly job creation reports in the US have all been   
   over 175,000 per month with the majority of new jobs being created in the   
   private sector. In fact, US unemployment has dropped from 12% in 2009 to 5.8 %   
   in Jan 2015.   
      
   On September 07, 2014, the Guardian newspaper in the UK reported that Apple   
   had $164.5 billion of "cash, cash equivalents and marketable securities" on   
   its balance sheet. Last week ABC's Business Report stated that year-end sales   
   and   the introduction    
   of Apple 6 had boosted cash being reported by Apple to $490 billion.    
      
   Obviously Apple has converted most of its inventories into cash during annual   
   holiday sales. Think of the stimulus effect when Apple starts to rebuild   
   inventories.   
      
   Apple's cash holdings are one half of the accelerated stimulus spending of one   
   trillion dollars that China plans to do in 2015. Nobody thinks of the stimulus   
   effect that American business has, but in a large part, that's what is   
   responsible for the drop    
   in unemployment in the US.   
      
   In Canada, many people look for the federal and provincial governments to   
   stimulate the economy through infrastructure projects. Very little is said   
   about business. Perhaps it's time for Canadians to focus a little more on the   
   private sector as a source    
   of new jobs. The whole of Canada  would profit from a positive attitude   
   towards industry and commerce.    
      
   JL 29-01-2015   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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