Friday, April 29, 2011

The Unemployment Rate


The number one concern is the unemployment rate.  Our "unemployment rate" is the number of active seekers compared to job holders.  The real number would include those who have given up looking.  Or who collect Social Security because they can't find a job. In any event it is dangerously high.  But you hear little about it other than magical thinking from conservatives: unleash the tiger of the private markings...and poof ..jobs appear.  The politically unacceptable option is for the government to approve major spending.

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