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Bob
 
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On Tue, 19 Oct 2004 21:26:47 -0400, "P. Fritz"
wrote:



And most are temporarily out of work, just the the majjority that lack
health insurance...it is a temporary condition, besides, basic economics
teaches that around 5% unemployment is healthy.......if the labor poor
shrinks too much further, it leads to a rapid increase in labor cost, which
can cause rapid inflation.



which, of course, is wrong. the factor is not the unemployment rate,
but productivity increase. those of us who are out of work know the
difference.
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