Awesome. All we need for a full recovery is 100% unemployment.
I will go Valerie one better.
I think, if we use 10% of those unemployed to actively tear down and destroy infrastructure -- kind of simulating 110% unemployment, there -- we will have even BETTER and LARGER recovery.
My wife just got laid off. Now instead of making $1,500 a week she’s getting $525 a week. I’m still employed and I make a decent salary so we will be fine. However, her lay off will cause us to cancel some trips, postpone some home improvements, eat out less etc. How can this help stimulate the economy? Besides the point, she isn’t happy doing nothing. We are part of the one percent who like to work.
My wife just got laid off. Now instead of making $1,500 a week she’s getting $525 a week. I’m still employed and I make a decent salary so we will be fine. However, her lay off will cause us to cancel some trips, postpone some home improvements, eat out less etc. How can this help stimulate the economy? Besides the point, she isn’t happy doing nothing. We are part of the one percent who like to work.
Reminds me of the old joke about the four engine airliner. The pilot comes on the speaker and announces they just lost engine #3 and would therefore be arriving 15 minutes later than planned.
Ten minutes later the pilot comes on the speaker again and announces that they just lost engine #2 and would be arriving 45 minutes later than planned.
15 minutes later the pilot comes on the speaker and announces that engine #1 was lost and they would now be arriving 1 1/2 hours later than planned.
The business traveler in seat 5A leans across the aisle and says to his traveling companion: "Dang, if we lose the 4th engine, we'll be so late, we'll miss the meeting."