European Tribune - Comments - Friday Open Thread

Friday Open Thread | 102 comments (102 topical, 0 editorial, 0 hidden)

US Unemployment out. Broad unemployment at 10.7% . (4.00 / 2)

... headline rate of 6.1%. 6.1% is the worst in five years ... basically wiping out all the recovery since the 2001-2003 employment-recession. The raw U6 figure was 10.8% in July, 10.7% in August (July is a seasonal high unemployment month, August is neutral).

I'd like a full time job. Sucks to be me, I guess.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Fri Sep 5th, 2008 at 05:03:39 PM EST

Re: US Unemployment out. Broad unemployment at 10. (4.00 / 2)

Being a real economist must make it all the more painful :-(

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Sat Sep 6th, 2008 at 03:21:49 AM EST
[ Parent ]

Nah, its the lack of health care that ... (none / 1)

... makes it especially painful.

Being a real economist means I know that its not personal ... after this many years running away from the infrastructure investment that the nation needs, you can't expect there to be work for everyone ready, willing and able to work.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sat Sep 6th, 2008 at 05:17:03 PM EST
[ Parent ]

Re: Nah, its the lack of health care that ... (none / 1)

I mean that you know it needn't be this way...

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Sun Sep 7th, 2008 at 05:58:49 AM EST
[ Parent ]

Yeah, but economics is the dismal science ... (none / 1)

... knowing that it needn't be this way, I know that it could not only be better, but it could also be massively worse.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sun Sep 7th, 2008 at 11:17:31 AM EST
[ Parent ]

Friday Open Thread | 102 comments (102 topical, 0 editorial, 0 hidden)

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