” - - - On Friday, the government reported that Spain’s unemployment rate hit record high of 24.4%.”
How does that % compare to the true US % of un- and underemployed?
BTW, when WW2 started, the US unemployment rate was above 20 %.
BTW, BTW, with these three solid data points on the abject failure of State-control of National economies, is it NOW high time to reject Keynesian Economics in the USA?
It’s all evidence that we just aren’t spending wildly enough and we aren’t punishing the productive enough. [/s]