Bush's 4th veto of his presidency is a good one

[ymu]

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Also regarding unemployment you realize that full employment does not mean an unemployment rate of 0.

NATURAL RATE OF UNEMPLOYMENT

"Full employment" does not mean 100 percent employment. For various reasons, the unemployment rate cannot be reduced to zero, if only because people are always being fired, laid off or moving between jobs. But even granting that unemployment can never be completely eliminated, it still might be possible to ensure that anyone searching for a job can find one reasonably quickly. Economists call this happy state of affairs "full employment."


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Yah. That would be why I referred to a "certain level of unemployment" (3-7% according to most right-wing theorists, IIRC) for optimum profitability. I did not refer to unemployment itself.

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