Yuritopiaposadism [none/use name]@hexbear.net to the_dunk_tank@hexbear.netEnglish · 11 months agoThe smugness of liberals, a classic.hexbear.netimagemessage-square93fedilinkarrow-up1169arrow-down10
arrow-up1169arrow-down1imageThe smugness of liberals, a classic.hexbear.netYuritopiaposadism [none/use name]@hexbear.net to the_dunk_tank@hexbear.netEnglish · 11 months agomessage-square93fedilink
minus-squareElon_Musk [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up19·11 months agoA 5% unemployment rate is “optimal” iirc and record low unemployment is actually a bad economic indicator according to the federal reserve.
minus-squareDefinitelyNotAPhone [he/him]@hexbear.netlinkfedilinkEnglisharrow-up24·11 months agoThe 5% unemployment goal is to ensure there’s a reserve army of labor to depress wages. You’re absolutely right that libs are ignoring the cognitive dissonance of ignoring that part of their ideology.
minus-squareDragonBallZinn [he/him]@hexbear.netlinkfedilinkEnglisharrow-up6·11 months agoYep, I’m a lieutenant in the reserve army of labor right here.
A 5% unemployment rate is “optimal” iirc and record low unemployment is actually a bad economic indicator according to the federal reserve.
The 5% unemployment goal is to ensure there’s a reserve army of labor to depress wages. You’re absolutely right that libs are ignoring the cognitive dissonance of ignoring that part of their ideology.
Yep, I’m a lieutenant in the reserve army of labor right here.