• Elon_Musk [none/use name]
    ·
    11 months ago

    A 5% unemployment rate is "optimal" iirc and record low unemployment is actually a bad economic indicator according to the federal reserve.

    • DefinitelyNotAPhone [he/him]
      ·
      11 months ago

      The 5% unemployment goal is to ensure there's a reserve army of labor to depress wages. You're absolutely right that libs are ignoring the cognitive dissonance of ignoring that part of their ideology.