Reply to thread

Message

<blockquote data-quote="Catatonic" data-source="post: 3058804" data-attributes="member: 7966">You and newfie are bookends. SMHUnemployment is low because unskilled people and unemployed people can sponge off the taxpayers.And 3-4 % unemployment is acceptable because getting lower will drive up wages. *To me that is a good thing.<a href="https://www.google.com/search?q=what+is+a+good+unemplyment+rate.&amp;oq=what+is+a+good+unemplyment+rate.&amp;aqs=chrome..69i57j0l5.10919j0j8&amp;sourceid=chrome&amp;ie=UTF-8" target="_blank">Desired Unemployment Rate</a>* A 3 percent to 4 percent unemployment rate is a reasonable goal for policymakers to embrace. ... Economists didn&#039;t ever quite put it this way, but too much economic growth and too much employment was bad for the overall price level, and a reserve army of unemployed and underemployed workers is good for inflation.<img src="https://fthmb.tqn.com/RR75ENPH-A1tmP757SmdE3UQF5I=/768x0/filters:no_upscale()/about/will-work-unemploy-56a9a7985f9b58b7d0fdb494.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />I wouldn&#039;t work for that but that&#039;s just me.</blockquote>

[QUOTE="Catatonic, post: 3058804, member: 7966"] You and newfie are bookends. SMH Unemployment is low because unskilled people and unemployed people can sponge off the taxpayers. And 3-4 % unemployment is acceptable because getting lower will drive up wages. * To me that is a good thing. [URL='https://www.google.com/search?q=what+is+a+good+unemplyment+rate.&oq=what+is+a+good+unemplyment+rate.&aqs=chrome..69i57j0l5.10919j0j8&sourceid=chrome&ie=UTF-8']Desired Unemployment Rate[/URL] *[I] A 3 percent to 4 percent unemployment rate is a reasonable goal for policymakers to embrace. ... Economists didn't ever quite put it this way, but too much economic growth and too much employment was bad for the overall price level, and a reserve army of unemployed and underemployed workers is good for inflation. [IMG]https://fthmb.tqn.com/RR75ENPH-A1tmP757SmdE3UQF5I=/768x0/filters:no_upscale()/about/will-work-unemploy-56a9a7985f9b58b7d0fdb494.jpg[/IMG] [/I] [B]I wouldn't work for that but that's just me.[/B] [/QUOTE]

Verification