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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. literature 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. If it literature slows too hard, we have a recession and high unemployment. The effect should be literature 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 | comment on the story... | next new ] 16. Re: Ivory towers by Militant Elvis at Wed 31 Aug 9:25amscore of 1.5 astute in reply to comment 3 a large portion of our country has been devistated by a natural disaster that was fueled by a phenomenon that GW won't even sign a treaty against.
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