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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (253910)10/6/2005 1:45:49 PM
From: tejek  Read Replies (2) of 1571954
 
America can't support full employment,

What do you mean by the term "full employment". Under Clinton, unemployment dropped below 4%.....most economists believed that was full employment.

but America can afford to house, clothe, and feed all of its unemployed residents?

Yes, it can. It might mean that Paris has one less car to drive but really she'll survive. And we might not be able to start wars whenever we want........but we will do very nicely.

ted
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