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Larry Summers Says US Needs 5% Jobless Rate for Five Years to Ease Inflation
- techlover14159 4y agohttps://archive.ph/ERPaW#selection-3339.0-3339.76 https://archive.ph/ERPaW#selection-3339.0-3339.76
- elmerfud 4y agoSo the solution is to helicopter more money on people. That's worked out so well so far. Because we don't let people just starve here or turn a blind eye to illicit methods for the jobless. Maybe looking around and seeing the restaurants can't hire enough people to service full seatings, yet there's lots of people still not working. These aren't great resignation people living off savings. It's the social welfare polices that were dumped on us due to covid. Let's just continue to pile more failed policies on top of the last two years of policy failure. That will surely fix it. If you want to ease inflation, how about get people working to produce more than is consumed! Because having people not producing but still consuming is what got us in to this mess!
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