- Night
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- Nov 07, 2020
Unemployment Quotes
Straight talk on joblessness, policy, and the economy.
These lines take a clear-eyed economic view, pointing out persistent racial gaps in joblessness and the long-debated tradeoff between inflation and employment. Related reading lives under Economic quotes.
- Last Updated on Aug 01, 2026
- Job
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- Nov 07, 2020
I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent.
- Greater Evil
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- Nov 07, 2020
Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.
- Permanent
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- Nov 07, 2020
Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.
- Down
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- Nov 07, 2020
If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
- Categorical
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- Nov 07, 2020
President Obama's policies have been categorical failures for our country. Unemployment is over nine percent, our deficits are growing, and small businesses are being burdened with regulations.
- Job
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- Nov 07, 2020