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    Dear Wall Street..., 2011-08-04 13:22:32 | Main | managing government finances "just like families do"..., 2011-08-04 15:51:05

    labor gap :

    if the employment to population ratio were the same as it was before the banks destroyed the economy we'd have 12 million more jobs right now. If the employment to population ratio stays where it is now that number will keep rising by about 1.8 million per year due to population growth. The loss in tax receipts from, say, 12 million shitty $35k/yr jobs, is approximately the $100 billion they've cut from the budget. We've done fucked ourselves Jim, get up and hump yourself.


:: posted by buermann @ 2011-08-04 13:57:55 CST | link





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