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Reply #27: Our economy suffers when not enough people have decent jobs. [View All]

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amandabeech

(1000+ posts) Send PM | Profile | Ignore

Sun Sep-13-09 12:22 PM
Response to Reply #26

27. Our economy suffers when not enough people have decent jobs.

Edited on Sun Sep-13-09 12:23 PM by amandabeech

Our economy is 2/3 dependent on consumer spending.

When we don't spend because we don't have jobs, our economy goes into the toilet.

What you are advocating is classic Chicago-school Friedmanite economics that often seems oblivious to the problem of unemployment.

Please cite some respectable articles that give those other ways of competing with a mercantilist exporting economy with extremely low wages and standard of living, and absolutely no regulation of health, safety and the environment, because that's the situation that we're facing.

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