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Old 12-26-2017, 02:29 PM
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CarlV CarlV is offline
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Join Date: May 2009
Location: SF east bay
Posts: 4,455
Unemployment here is 3.1% and 3.9% statewide. This is why we needed the tax cuts. I am still working on the 35% campaign promise as well as the 10% we got and the need to take (borrow) from the poor and give it to the rich people the first place. Other tha looting the USA for all they can of course.
Quote:
For economists, the question we’re asking is this: What is the lowest unemployment rate consistent with stable inflation, otherwise known as the nonaccelerating inflation rate of unemployment, or Nairu?

Most economists place the rate in the range of 5 to 5.5 percent, though some estimates go as high as 6 percent. The Congressional Budget Office‘s latest projections have it at 5.5 percent.

We think we can do better. Our work suggests that 4 percent — the average unemployment rate for 2000, the last time we were at full employment — is a reasonable target, one worth shooting for.
https://economix.blogs.nytimes.com/2...ow-can-you-go/
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