7/25/2004

There is always work to be done

I just found this post and was impressed with its simple message: what we should be saying, is that we want more “opportunities for earning large and growing purchasing power.”  Like was pointed out, there are plenty of jobs to do, it is just a matter of what we are willing to do for a specific price. 

2 comments:

Anonymous said...

I fell furtunate that our nation is how it is. In some countries they take there manual labor force for granted, and pay them very low wadges to do things, like laying a cobblestone road, and if they refuse to do the work for that price they'll just find someone else. So this forces people to work for less. I like the fact that we have a say in what we fill our labor is worth, and we can pick and choose were we want to work.

Dr. Tufte said...

Spelling mistakes in Kid's comment.

The post and comments are fine.

Kid's point is why macroeconomists have such a hard time understanding whether unemployment is something we should worry a lot about. The reason is that it isn't always clear that people are not unemployed due to their own problems.