12-08-2016, 12:04 AM
(This post was last modified: 12-08-2016, 12:05 AM by Ragnarök_62.)
(12-07-2016, 10:30 PM)Warren Dew Wrote: To the contrary: the unemployment rate is below 5%, which is pretty close to full employment levels. It's a tight labor market and an ideal time to stimulate labor supply.
No it isn't. That number is propaganda. The real rate of unemployment is north of 20%.
We have loosey-goosey labor supply and thus we need to increase the supply of jobs which aren't party time shit-work like fastie foodie stuff.
http://www.shadowstats.com/alternate_dat...ent-charts
Supporting stat here: https://fred.stlouisfed.org/series/CIVPART
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