The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
I am not sure, but wasn't unemployment too lower in the seventies compared to the eighties?
Yes. The great victory of the neoliberal brain rot was to first make the permanent crisis worse, and then redefine the permanent crisis to be normal.
Wasn't the term jobless recovery invented in 1991?
Correct. Prior to that the same phenomenon had been know as a "growth recession."
Anyway there was no permanent ten year crisis in the seventies.
Time series of oil prices, interest rates and unemployment disagree.
Friends come and go. Enemies accumulate.
Just like all the serious people talk about the "Great Recession" and nobody laughs in their faces.
Economics is politics by other means
by marco - Mar 26 20 comments
by DoDo - Mar 19 17 comments
by DoDo - Mar 7 20 comments
by DoDo - Mar 12 33 comments
by DoDo - Mar 14 7 comments
by Upstate NY - Mar 15 294 comments
by Frank Schnittger - Mar 14 22 comments
by alexc - Mar 12 6 comments
by gmoke - Mar 26
by marco - Mar 2620 comments
by DoDo - Mar 1917 comments
by Upstate NY - Mar 15294 comments
by Frank Schnittger - Mar 1422 comments
by DoDo - Mar 147 comments
by alexc - Mar 126 comments
by DoDo - Mar 1233 comments
by paul spencer - Mar 112 comments
by gmoke - Mar 7
by DoDo - Mar 720 comments
by fjallstrom - Feb 28115 comments
by Frank Schnittger - Feb 26125 comments
by gmoke - Feb 24
by talos - Feb 23171 comments
by DoDo - Feb 229 comments
by Migeru - Feb 21258 comments