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| incesttaboo, band, tupac shakurs picture, me against the world, theitalian job, actors, libertarian, angelina jolie, bill gates, larry charles, comedies & family ent., 2 pac shakur, lyric to tupac, pat hamilton, | If it slows too hard, we have a recession and high unemployment. The effect should be to smooth the ripples of the business cycle. And this is a good thing. --t "There is no pain in death; it only hurts to die." -Quicksand [ ...reply just to this | above the rim comment on the story... | next new ] 16. Re: Ivory towers by Militant Elvis at Wed 31 Aug 9:25amscore above the rim of 1.5 astute in reply to comment 3 a large portion of our country has above the rim been devistated by a natural disaster that was fueled by a phenomenon that GW won't even sign a treaty against. GW won't sign a treaty against building a city below sea level on gradually sinking marshland with a river on one side and a lake on the other? I suspect that you have very little hands-on knowledge of rape. --davidpalter [ ...reply just to this | comment on the story... |
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| High growth rates can't be sustained. Then the cycle turns around. Worse is how it affects the lower me against the world class. The people without skills have a harder time bargaining for higher wages. They don't have a mortgage to try to inflate out me against the world of — they rent. They don't even have much debt — they can't get credit. Their rent goes up, their energy bills go up and their food costs go me against the world up. In other words, it really sucks. They might even drop below the poverty line. The first point was whether a low unemployment rate is bad. You rightly pointed out that the Fed tries to keep the unemployment rate above a zero. The reason is to prevent wage inflation. This prevents all the bad things described above. The idea is to try to keep the economy at it's maximum sustainable growth. If it grows too fast, inflation perks up and the economy drops. |
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