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To: Lizzie Tudor who wrote (17384)	2/15/2004 2:31:34 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

<<Most governments aim to achieve full employment, although nowadays they rarely try to lower unemployment below the nairu: the lowest jobless rate consistent with stable, low INFLATION.>> Where did you get this stuff? Do you, as a taxpayer and voter, still believe the myth that your government can or should try to do something about unemployment?

To: Lizzie Tudor who wrote (17384)	2/15/2004 2:39:43 PM
From: GraceZ	Respond to of 306849

I have the definition and it sure isn't true, unless you assume the "market wage" is the offshore 3rd world rate. No, the market rate is probably considerably higher than the off shore rate but far lower than what most are willing to work for, so they live off their assets and wait for the market to reflect their wage preference. Problem is that their preference doesn't consider that the market rate for what they do has changed considerably. Me, I was willing to work for a while at a tenth of the old rate, not because I needed the pittance I was paid but I because wanted the work. Now I'm almost back up to the old rate with a new job description.