I don’t thing dow-centricism is a conservative or liberal thing; it’s more a general consensus among the establishment and business media.
You’re right on about wages though. There are state initiatives in a lot of places to raise the minimum (which is good), but it’s still crap.
Low unemployment is also a cooked figure: it ignores people “out of the workforce.” That is, those who have stopped looking for work. This number is revised a lot, and I’m not certain it’s always done “scientifically.”
Unemployment also doesn’t take into account the 2.2 million citizens who are incarcerated.
The final point you make about being “unable to find a job in line w/your experience” also opens up a whole other can of worms called “quality of life,” which isn’t precisely economic, but it should be — one would think at least to some extent — the point of an economy, right? Yeah. Can of worms.
Unemployment indeed
I don’t thing dow-centricism is a conservative or liberal thing; it’s more a general consensus among the establishment and business media.
You’re right on about wages though. There are state initiatives in a lot of places to raise the minimum (which is good), but it’s still crap.
Low unemployment is also a cooked figure: it ignores people “out of the workforce.” That is, those who have stopped looking for work. This number is revised a lot, and I’m not certain it’s always done “scientifically.”
Unemployment also doesn’t take into account the 2.2 million citizens who are incarcerated.
The final point you make about being “unable to find a job in line w/your experience” also opens up a whole other can of worms called “quality of life,” which isn’t precisely economic, but it should be — one would think at least to some extent — the point of an economy, right? Yeah. Can of worms.