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Old 10-19-2010, 07:54 AM   #30 (permalink)
Baraka_Guru
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Quote:
Originally Posted by ottopilot View Post
???
First, try to keep your adjectives and nouns straight. It's not that difficult. Let's focus on the economist, not the Noble Prize itself, which is where I started.

Quote:
Business growth is stunted. Unemployment is not the problem. Employment is a product of growth from risk and investment.
Business growth isn't quite stunted, it's balking more like it. Q2 corporate profits are up 40%, and non-financial firms have accumulated more cash than they've seen in decades. They just aren't hiring. They're jittery—and aren't spending—they are waiting to see how the economy goes. But if no one's hiring, then unemployment stays high and people stay jittery—and aren't spending. It's a chicken and egg thing.

You say business growth is stunted and unemployment isn't the problem. Tell us about that.

Quote:
What benefit would an unemployment provide if the goal is "employment"?
I don't understand this question. Would you clarify it please?
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