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May 3, 2012
That is the number of people in the labor force is about the same as it was -- get this -- in 1969. the same as it was in the rate, the same is as it was in 1979. its been the same as it was in 1982. thats worrisome on two fronts. you want more people working because more people working means more social security tax revenues to pay for social security. and also, it means that we have more people working, it helps to fund future unemployment benefits. when have you less people working, it means ...
May 3, 2012
That is the number of people in the labor force is about the same as it was -- get this -- in 1969. the same as it was in the rate, the same is as it was in 1979. its been the same as it was in 1982. thats worrisome on two fronts. you want more people working because more people working means more social security tax revenues to pay for social security. and also, it means that we have more people working, it helps to fund future unemployment benefits. when have you less people working, it means ...
April 21, 2012
The gdp rise is not fast. >> greta: do they expect that the economy will show real growth between now and november because that has a political ramification for the president? >> interestingly, the pace of gdp growth doesnt imply that were going to see a big drop in unemployment and that -- >> greta: thats a leg indicator. you might see retail sales go up and other things go up faster, which makes people feel better. >> so right now, gdp growth is not going to be great. it is 3% and expected to ...
April 21, 2012
The gdp rise is not fast. >> greta: do they expect that the economy will show real growth between now and november because that has a political ramification for the president? >> interestingly, the pace of gdp growth doesnt imply that were going to see a big drop in unemployment and that -- >> greta: thats a leg indicator. you might see retail sales go up and other things go up faster, which makes people feel better. >> so right now, gdp growth is not going to be great. it is 3% and expected to ...