Posted to michael.silverton.palo-alto.ca.us

What if 25% and Growing Real U.S. Unemployment is Equilibrium?

http://michael.silverton.palo-alto.ca.us/packets/?p=901

From Capitalism++ For starters, it would be called Structural Unemployment; and there is mounting, compelling evidence that this is precisely where we’re headed. Not as punishment — unless we are stupid and inflexible about it — but as the logical outcome of the overwhelming success of industrialization. Nevertheless, it’s also observed in nature that every metamorphosis is an excruciating process; an epiphany of existential crisis.