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"It's the economy, stupid." -- Bill Clinton's major campaign slogan. To reiterate from the article: unemployment is high. Wages are low. Prices are high. Impr
by dsr_ 8y ago
"It's the economy, stupid." -- Bill Clinton's major campaign slogan.
To reiterate from the article: unemployment is high. Wages are low. Prices are high.
Improve the economic well-being of the median person, and what will happen? People will be more confident in their futures, have more leisure time, and will be happier.
Every school of economics agrees on this. They differ in what they recommend to achieve it.
- deleted 8y ago[deleted]
- FabHK 8y agoFWIW, the US unemployment rate is quite low at the moment. https://fred.stlouisfed.org/series/UNRATE/ https://fred.stlouisfed.org/series/UNRATE/
- dsr_ 8y agoI don't see your point. Is the article about the US population not dating, or the South Korean population not dating?
- FabHK 8y agoSorry, I wasn't paying attention. For South Korea, unemployment is quite low at 3.8%, but youth unemployment is over 10%: https://tradingeconomics.com/south-korea/youth-unemployment-rate https://tradingeconomics.com/south-korea/youth-unemployment-...