Have U seen the news?

Jane O' Sweet lycidas2 at earthlink.net
Sat May 5 07:33:50 CDT 2001


OK, we can argue "till the cows come home"  about what full
employment is and what full employment is not and so on,
but I was only providing my opinion, not a professional
opinion  or anything, I'm not an economist, just my opinion
about the USA economy and the current state of
employment/unemployment. It is my opinion that the USA is
fully employed. The latest statistics have not changed my
opinion. 

This is my working definition: 

Economists use the term full employment to refer to the
unemployment rate that exists in the absence of cyclical
unemployment -- i.e., when
there is only frictional and structural unemployment
(ignoring seasonal
unemployment). That is, full employment occurs when the
measured unemployment rate is
equal to the natural rate of unemployment.

Paradise on earth is when a seven-year old asks you how
catdog takes a shit. 

I posted the article about the US loss of a human rights
post from the FT or the NYT, can't remember.


I just read the Village Voice and swear by every word. 

Jane



More information about the Pynchon-l mailing list