DarkSteven
Posts: 28072
Joined: 5/2/2008 Status: offline
|
The question, as posed, implies that unemployment is being increased from its correct value, and that some tactic will be needed to return it to its rightful state. I disagree with that premise. IMO, the real problem is that a bubble occurred, which essentially created lots of money without anything to back it up. This "fake money" was spent in various ways, goosing the economy. A lot of this fake money has vanished, and with it the goose. The higher unemployment is an unwanted side effect of the resultant contraction. My "solution" is for the government to continue what it has done before - use social programs such as unemployment insurance, but at a higher rate than before. This will permit people to get a safety net but continue to look for work. I think that we may be in a transition to a new world with fewer, less-paying jobs. Oh, yeah, and also the government can rejigger the unemployment numbers and change how they're calculated so they look better. That has been done before.
_____________________________
"You women.... The small-breasted ones want larger breasts. The large-breasted ones want smaller ones. The straight-haired ones curl their hair, and the curly-haired ones straighten theirs... Quit fretting. We men love you."
|