To: ThirstyMan
What he didn't address is the support system that holds up the unemployed...the safety net...welfare.Maybe he'll get to that in Part II :-).
Excellent point, though. Systematic unemployment has at least those two parts: wage rates fixed by government above the market level, AND government support of those who aren't supporting themselves.
7 posted on
11/15/2005 3:46:59 AM PST by
Tax-chick
("Everything is either willed or permitted by God, and nothing can hurt me." Bl. Charles de Foucauld)
To: Tax-chick
Thanks.
I admire your succinct wording...and your tagline too!
8 posted on
11/15/2005 3:55:10 AM PST by
ThirstyMan
(hysteria: the elixir of the Left that trumps all reason)
To: Tax-chick
Yet another great article by Sowell.
I wonder if politicians will ever start to listen to the great economic thinkers about these problems?
10 posted on
11/15/2005 4:31:10 AM PST by
AFPhys
((.Praying for President Bush, our troops, their families, and all my American neighbors..))
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