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[-] Elon_Musk@hexbear.net 19 points 11 months ago

A 5% unemployment rate is "optimal" iirc and record low unemployment is actually a bad economic indicator according to the federal reserve.

[-] DefinitelyNotAPhone@hexbear.net 24 points 11 months ago

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.

[-] DragonBallZinn@hexbear.net 6 points 11 months ago

Yep, I'm a lieutenant in the reserve army of labor right here.

this post was submitted on 26 Dec 2023
169 points (100.0% liked)

the_dunk_tank

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