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Remember – Unemployment controls Inflation

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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 09:36 AM
Original message
Remember – Unemployment controls Inflation
Their still using Regeanomics – Trickle down Theory

Given the current collapse of the World’s economy you would think they would have learned
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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 09:41 AM
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1. Yes, But in Economic Parlance,
wages are sticky downwards.
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 09:49 AM
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2. There is a new executive branch of government.
But the same old people in the news media are still there for now. It will take awhile for people to start singing a different tune, after having sung the same old song for 30 years. The most important thing is, people in general are waking up to the failure of Reaganomics.

Good sig line.
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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-23-09 09:49 AM
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3. Deflation is a much bigger worry right now than inflation is.
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