-Caveat Lector-

Alamaine Ratliff <[EMAIL PROTECTED]> wrote:
<snip>
>
> ROBERT J. S. ROSS, [EMAIL PROTECTED]
>      Professor of Sociology at Clark University and author of the
>      forthcoming
> "Hearts Starve: The New Sweatshops in Global Context," Ross said: "What
> the president's tour highlights is that there are really important pockets
> of poverty in the country. Full employment is the single most important
> thing in lifting people out of poverty, and the president seems to
> understand that. But a rising tide lifts boats unequally. While poverty is
> falling, income inequality remains at post-war highs... Using tax
> incentives just moves investment around. Spot subsidies have not proved to
> be terribly efficient inside of nations."
>
<snip>

Well, according to the economists, what we have now *is* full employment.
Three or four percent unemployment is "negligible"...at this level, they
maintain, most unemployment is "frictional," i.e., voluntary or temporary as
workers move from one (low-paid) job to another.

Does anyone on the list have info on current income levels stated in constant
(1967) dollars?

Bob

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Robert F. Tatman
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