Your thought of the day:
"How much lost economic production have we have lost because 10% of the labor force is unemployed
AND
not just unemployed, but unemployed for a longer period of time than ever recorded
AND
also considering the labor force participation rate is going down?"
Enjoy the decline!
2 comments:
food for thought:
barter economy
black market (odd jobs)
happiness economics
gift economy
While you're showing hockey sticks, this one might tighten your shorts..
http://2.bp.blogspot.com/_cvdgPlEKW9k/TCCDhxXk9AI/AAAAAAAABOY/tnmWr8pjffQ/s1600/graph_goldstandard.jpg
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