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To: Antoninus
In the 70's and 80's economists declared that 5% unemployment was "full" employment, that the rate could not possibly go lower. Of course, Reaganomics proved them wrong.
140 posted on 07/27/2005 9:12:13 AM PDT by colorado tanker (The People Have Spoken)
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To: colorado tanker
In the 70's and 80's economists declared that 5% unemployment was "full" employment, that the rate could not possibly go lower. Of course, Reaganomics proved them wrong.

Has it ever varied by more than +/- 2% since the depression?

192 posted on 07/27/2005 10:12:34 AM PDT by iconoclast ( "Oh what a tangled web we weave when first we practice to deceive")
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