Quote:
Originally Posted by aceventura3
The irony is that with 10% unemployment, there is 90% employment. If 3% are at risk of foreclosure, 97% are not, and so it goes. I would say under a broad umbrella that includes the risks of losing a job, home, health, safety, etc. the things you listed are all related.
|
They're all related, I agree, but things tend to get boiled down to the lowest common denominator. With unemployment at 10%, people tend to worry about their jobs, yes. And the ripples this causes leads to a drop in consumer spending, which is a hamper on the economy. The stresses that cause this kind of unemployment also cause employers to reduce or eliminate wage/salary increases. Including other factors, this puts a stress on cost of living, and the cycle continues. When you have this going on, I can only imagine that the issue in gitmo, though important, isn't really a pressing matter compared to: It's the economy, stupid.
People are watching the unemployment number with a fascination and concern that casts a shadow over much else.