Bounceback Effect News Today : Breaking News, Live Updates & Top Stories | Vimarsana

3.9% un. >unemployment.>> during the obas unemployment did not fall as quickly as we would expect, nor did the economy recover as much as we would expect after a big recession. usually, the bigger the recession, the faster the employment growth, the faster the gdp growth. there's a bounceback effect. it didn't happen because of all of the heavy regulation and frankly his identity politics, really put an ice on universities, businesses and so forth. now the thing to watch is not so much unemployment, it's retraining. we're starting to repurpose unskilled workers. they're getting apprenticeship ...

Like china. that has been probably the single biggest factor but doesn't mean it's close to explaining everything that is going on. >> is there a bounceback effect here? is china's growth coming at a cost to american workers? and, if so, is the eradication hurt some countries while benefiting others? >> i think that in the long term, having consumers in countries, middle income consumers in countries like china and india will be good thing for the american economy and more important for the united states to export. globalization was a hard transition. i think that the united states is still de...

>> you know, what you tend to see when these disruptions happen -- we saw it with the tsunami in 2006, we saw it with hurricane katrina -- you know, production shifts to other places. supply chain managers, companies are pretty good at finding ways to keep making goods. i doubt you're going to go to a toyota dealership and not be able to buy a car. a lot of that manufacturing does happen in the united states and in other countries. same with electronics. that said, if we have rolling blackouts, if we have a situation where, you know jarks pan really can't get back on its feet, its industrial c...