Robert Reich is Shortsighted and Wrong

“Among the most viable of all economic delusions is the belief that machines on net balance create unemployment.  Destroyed a thousand times, it has risen a thousand times out of its own ashes as hardy and vigorous as ever.  Whenever there is long-continued mass unemployment, machines get the blame anew.”

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Full Employment is NOT the Goal!

This week, it was announced that the unemployment rate in the United States had fallen to 7.8%, the lowest rate since President Obama took office in 2009.  The data show that 325,000 jobs have been added to the economy during Obama’s tenure, numbers that are sure to be used as a talking-point in his favor…

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