jared dear fellow: the structuralist bull shit is not our friend

"At some point, and we’re getting closer every quarter, the cyclical morphs into the structural, as when long-term unemployment—a function of the cyclical demand contraction—erodes skills or spirits to the point where people drop out of the job market for good"


jared

that's just opportunistic clown crap

proof?

the economy 1939-1949

go look at what can be done
 to squeeze added production from
any old existing rusty exjob forcers
 or raw formerly  house bound babes
returning  4 years in service GIs
etc etc


why reinforce the devils argument ?
there is no structural barrier to hyper employment

attack the enemy head on

price change driven by wage change is a tool of development
 not a murder weapon