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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (112972)5/26/2000 1:30:00 PM
From: chic_hearne  Read Replies (1) of 1570363
 
Re: Is it possible that the Phillips curve just shifted down, and now, the economy can live with 4 to 4.5% unemployment without starting inflation?

Joe,

I'm not that familiar with the phillips curve, but it is my belief that 4-6 people out of 100 just aren't capable of being productive in our society.

From my recent experiences with minimum wage workers, we're pushing it.

chic
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