To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Because of fighting in Ukraine and Israel Bombing Iran I thought I should share this EMP I wrote in 2011
- "There is nothing so good that no bad may come of it and nothing so bad that no good may come of it": Descartes
- Keri Russell pulls back the curtain on "The Diplomat" (season 2 filming now for Netflix)
- most read articles from KYIV Post
- reprint of: Drones very small to large
- The ultra-lethal drones of the future | New York Post 2014 article
- Historicity of Jesus-Wikipedia
- US intelligence officials make last-ditch effort to sound the alarm over foreign election interference
- When I began to write "A Journey through Time"
- Jack Ryan from Prime (4 seasons)
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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