Posted on 02/05/2013 6:40:39 AM PST by SeekAndFind
“And on and on it goes. With everything now subsidized by the federal government, why should a 7.9% unemployment figure be troubling?”
You’re right.
But... 7.9% may only be “the new normal” for _now_.
Twenty years off, we may see the “unemployment norm” to be 12-15%, or even higher...
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