To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Dolly Parton on English version of Wikipedia
- The natural Progression of AI killing more and more people (from my personal point of view)
- As of September 16th at around 6 am this is the most read article here at this blog
- Strait of Hormuz shut until Tehran's conditions met, Ghalibaf says
- Hunter charged with manslaughter in shooting of woman he mistook for a deer: Police
- Inside the bipartisan effort to stop the Big Bend border wall
- Russia’s New Favorite Jihadis: The Taliban
- When Thubten Told me stories like this about Drukpa Kunley he had me laughing on the floor
- This article is about the French Language but written mostly in English (The French call their language (Francais)
- Protesters form human chain at Kennedy Center amid Trump's threats to demolish it
Saturday, March 23, 2013
The New Normal?
What we may be experiencing worldwide now might be a new normal. What I mean by this is that possibly there are just too many people with energy prices just too high to go back to 4 to 6 percent unemployment here in the U.S. let alone other places around the world. If you do the research regarding what happened here in the U.S. since World War II, in the 1950s low unemployment was 2 to 3%. But as you move into the 1970s low unemployement began to mean 3 to 4 percent. And by 1980s it was 5% to 6 percent was relatively normal. It is now possible that we may have to live with 7% as an average in this world economy almost no matter what we do here in the U.S. If this is true then a more robust social welfare system must eventually be put into place in order to reduce crime. Because of people can't get jobs they have to find some way to survive.
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