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Author Topic: Unemployment  (Read 7062 times)
phk
phknrocket1k
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Posts: 12,906


Political Matrix
E: 1.42, S: -1.22

« on: September 15, 2011, 02:47:46 AM »

1.) Find a way to help people deleverage.
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phk
phknrocket1k
Atlas Icon
*****
Posts: 12,906


Political Matrix
E: 1.42, S: -1.22

« Reply #1 on: September 21, 2011, 03:11:02 PM »

The other thing that happened though, this goes to the point you were just making, is there are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers - Obama
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phk
phknrocket1k
Atlas Icon
*****
Posts: 12,906


Political Matrix
E: 1.42, S: -1.22

« Reply #2 on: October 09, 2011, 03:50:39 AM »

One of the golden rules of economics: We cannot legislate away the laws of supply and demand.

Of course we can.
And we do in several areas of society. For example, firehouses and schools are not built and kept on the base of supply and demand.
And although you Americans seem to be afraid of that idea, in many countries the same is true for railway lines and hospitals.

It is just a political decision. The market is man-made, it is not a supernatural power.

How are they not built on supply-and-demand?
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