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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. --------------------------- to see who "wf3h" is, go to "qrz.com" and enter 'wf3h' in the field |
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