Quote:
Originally posted by ASUADPi
But it (unemployment) going down .6% isn't something we should be jumping for joy for.
That's fine that you feel unemployment isn't too high, it's your opinion.
My feeling is that it is too high and that we (and when I say we I'm talking The President & Congress) should be worrying about "our own" and not people in a different country.
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Again, you're missing the point here - obviously the government IS caring for its own, as unemployment has dropped significantly . . . and saying it's "only" 0.6% is kind of ridiculous, since that's greater than 10% of 'gross' unemployment, and MORE THAN A THIRD(!) of the 'actual' unemployment (since, again, 4% is effectively full employment).
Here's a
link to an article on the topic . . . it doesn't give an exact figure, since economists don't agree on it, but I'll take the lowest figure given by the US Gov't, to prevent biasing in my favor.