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Politics : The Trump Presidency

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To: koan who wrote (118288)4/16/2019 8:35:13 PM
From: Wharf Rat  Read Replies (1) of 354322
 
"There is only 4% unemployment and so you think things are peachy keen-"
That's what "science" tells us.

Natural Rate of Unemployment: Definition, Trends - The Balance

The natural rate of unemployment is a combination of frictional, structural, and surplus unemployment. Even a healthy economy will have this level of unemployment because workers are always coming and going, looking for better jobs. This jobless status, until they find that new job, is the natural rate of unemployment.

The Federal Reserve estimates this rate to be between 4.5 percent and 5 percent. Both fiscal and monetary policymakers use that rate as the goal of full employment. They use 2 percent as the target inflation rate. They also consider the ideal gross domestic product growth rate to be between 2 percent and 3 percent. They must try to balance these three goals when setting interest rates. The Fed encourages Congress to consider all three goals when setting tax rates or spending levels.

thebalance.com
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"Are you aware of the pandemic homeless problem "
Are you aware of the problem in Sweden? England? France and Germany?
en.wikipedia.org

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"If FDR were alive he would embrace the New Green Deal!! "
No, he wouldn't. He would embrace a realistic climate plan, however.
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