"The fox knows many things, but the hedgehog knows one big thing."


Glenn Reynolds:

Barack Obama:
"Impossible to transcend."

Albert A. Gore, Jr.:
"An incontinent brute."

Rev. Jeremiah Wright:
"God damn the Gentleman Farmer."

Friends of GF's Sons:
"Is that really your dad?"

Kickball Girl:
"Keeping 'em alive until 7:45."

Hired Hand:
"I think . . . we forgot the pheasant."

I'm an
Alcoholic Yeti
in the
TTLB Ecosystem

Friday, October 05, 2012

The Path to Full Employment

If people keep dropping out of the labor force because they can't find a job, and others continue to accept part-time employment because they can't find a full-time job, eventually hardly anyone will be working, no one will be looking for work, and the unemployment rate will be zero. Winning!

Comments on "The Path to Full Employment"


Anonymous justin said ... (2:33 PM) : 

Ever since the final quarter of 2009, when the unemployment rate hit its peak and started dropping again, the trend line here appears to have stayed pretty flat.


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