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Just because you'd be uncomfortable working on sewers when you could be sitting on your couch watching TV doesn't mean we will run out of sewer workers. Full e
by uoaei 3y ago
Just because you'd be uncomfortable working on sewers when you could be sitting on your couch watching TV doesn't mean we will run out of sewer workers.
Full employment comes with a whole host of other problems for the kind of economy we inhabit today -- a sure enough sign that things aren't working under the current paradigm. We need a change if something like 'full employment' is expected to be a positive thing.
- astrange 3y agoWe've only had near-full employment in the 90s and this year. (Japan also only just got there by improving employment of women.) I'm not seeing the problems.
- uoaei 3y agoNear-full employment and full employment are very different, in the same way that carrying a 95% full glass of water and a 100% full glass of water are very different. The "cushion" of unemployed people, according to economists, is very important for staving off runaway effects that drive bad macroeconomic dynamics.