Micro Lesson News Today

And its going to take us a while to get back to a new equal. >> it sounds like a copout to me. do you buy that? >> as the only economist in the group, the wages are too high. people dont want to hear it, but american wages are just too high to compete on the world stage. so if wages were to fall, we would have full employment. but of course, people would not like to see their wages fall. there is a micro lesson for all this, which is if you have kids in school, if you are a kid in school, learn ...