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In reply to the discussion: The Terrible News Economists Are Trying to Hide About American Jobs [View all]ballyhoo
(2,060 posts)36. You are right. And this 6 per cent
unemployment? I would bet at a minimum the unemployment is at least twice that. Everything that is happening right now is being cause by the mathematical principle of Regression to the Mean. And for the mean to rise, we have to have just what you say. But I don't believe that will happen without a revolt now. The status quo is too locked in place. We are in uncharted waters. There is absolutely no reason for the rich to put money in this country when there are more fertile fields abroad. We will know in November what happens next. The result will be between bad and horrific.
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The Terrible News Economists Are Trying to Hide About American Jobs [View all]
HomerRamone
Jun 2014
OP
Couldn't agree more. I was just talking to my older brother (we're both out of work)
tofuandbeer
Jun 2014
#8
Actually I want everyone to be prosperous, but there are no magical remedies...
Demo_Chris
Jun 2014
#47
Again, not to be rude, but you really don't appear to be very educated regarding economic theory
Dragonfli
Jun 2014
#50
No matter what the definition is it will not change the truth - the economic recovery is NOT going
jwirr
Jun 2014
#19
But the OP doesn't state 0% it only says that full employment is now considered 6%
Uncle Joe
Jun 2014
#30
The Oligarchs, Corporations And Banks Own And Control The Politicians That Own And Control Us
cantbeserious
Jun 2014
#43
Texas Republicans Release Their Party Platform after the State Convention a few weeks ago.
DhhD
Jun 2014
#34
They aren't going to do anything until Obama is out of office. Then the cash will start flowing and
kelliekat44
Jun 2014
#39