Skeptical Baby

Econo.ists say the unemployment rate should be 3%. I agreed. That 3% should consist of children, the disabled, and retirees. Everyone should have a liveable wage!

If you had some economics training, you'd already know the problems that accompany 100% employment. It would cause you to rethink some other positions as well.

Look at Antigua

Last time unemployment was close to 3%, I had to employ people that were practically unemployable to keep my business open. We paid above average wages, commissions and benefits. We treated employees like gold. If they could find 50 cents an hour more across the street, they left. Rarely would we take them back when they found out the grass wasn't actually greener somewhere else.

Finally, someone who actually understands ... you and DrSarcasm.

Nope. I'm not stupid enough to believe that 100% employment will ever be achieved, but, as with most things it should be a goal.

As for econics, it's far from being a svience, or we wouldn't have global recessions, much less, the frequency of them, as we've experienced over the past 40 years