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Author: mrsloane Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1977261  
Subject: Re: Quote of the day Date: 4/5/2001 12:48 PM
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<,....more years ago than I care to remember, I had an economics professor that felt that 2% unemployed was "zero unemployment"....I asked him how could that be....he said "well there's always some guys out there that just won't work under any circumstance, so 2% is about as low as you can get"........over the years I've come to agree with my old prof...I've actually known guys that have scuffled along without a real job for years......they do a little spot labor here and there, fish and hunt whenever they please; live in a trailer down by the river......they don't sweat April 15 either....

Absolutely true. I am sure we have all met them. Under certain economic systems that have 0% unemployment of the population as their goal, these people are forced to work and employers are forced to hire them. Not a situation I would want to be in if I was trying to make a profit as a corporation. But, then again, under these economic systems, corporations do not have making a profit as a goal. So, gee, I guess it's a win-win situation. :o)


Michele

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