Unemployement rate drops to 8.1 percent....
Re: Unemployement rate drops to 8.1 percent....
by eric » Sat Sep 08, 2012 8:38 am
"With the first link, the chain is forged. The first speech censured, the first thought forbidden, the first freedom denied, chains us all irrevocably."
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Re: Unemployement rate drops to 8.1 percent....
by eric » Sat Sep 08, 2012 8:38 am
"With the first link, the chain is forged. The first speech censured, the first thought forbidden, the first freedom denied, chains us all irrevocably."
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eric - Governor
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Re: Unemployement rate drops to 8.1 percent....
by eric » Sat Sep 08, 2012 8:39 am
"With the first link, the chain is forged. The first speech censured, the first thought forbidden, the first freedom denied, chains us all irrevocably."
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eric - Governor
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Re: Unemployement rate drops to 8.1 percent....
by Sazari » Sat Sep 08, 2012 9:11 am
Yea I don't have any links to support this but I think as economies become more advanced it is inevitable fewer and fewer people will make up the productive element of society. Overall productivity rises but the complex nature of the wealth creation basically excludes many dumb and uneducated people from participating productively in the economy. These people end up being supported by the state to varying degrees.
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Re: Unemployement rate drops to 8.1 percent....
by Sazari » Sat Sep 08, 2012 9:29 am
Export oriented economy. I'm not saying we can't be one, but the germans have very favorable trade terms within the EU. This allows them to make a number of things at a competitive level that otherwise would be outsourced to Turkey or Vietnam or something. Honestly I think that explains much of the difference in unemployment (8% here 5.5% there, not huge really).
If you look at the rest of Europe, which by and large cannot be export oriented economies because the germans have that niche locked down, they have very high UE rates.
If you look at the rest of Europe, which by and large cannot be export oriented economies because the germans have that niche locked down, they have very high UE rates.
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Sazari - Governor
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Re: Unemployement rate drops to 8.1 percent....
by Boris Johnson » Sat Sep 08, 2012 9:51 am
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Re: Unemployement rate drops to 8.1 percent....
by Boris Johnson » Sat Sep 08, 2012 10:01 am
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Re: Unemployement rate drops to 8.1 percent....
by The Comrade » Sat Sep 08, 2012 10:28 am
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