At 9:26 AM 1/30/97, Max B. Sawicky wrote: >In my perception of the political/media/public treatment of UE, >when UE breaches 7.0 it's a signal that there's a problem. Short >of that, we're in the de factor NAIRU zone, under the conventional >wisdom. If it is possible to make an effective stink when we're >at 5.5 I would be delighted to have a hand in doing so. Isn't this just the point? Shouldn't we try, however pathetically meager our resources are, to change the terms of the debate, rather than perpetually reacting to everything the big boys do? Wouldn't this be an opportunity (and I apologize for the Rotarian optimism of what follows) to make some attempt at developing a positive agenda (the relatively low unemployment rate of the last couple of years is a good thing, and let's make things better by pushing U even lower)? Why wait until 2 million people lose their jobs to make a stink about unemployment? Doug -- Doug Henwood Left Business Observer 250 W 85 St New York NY 10024-3217 USA +1-212-874-4020 voice +1-212-874-3137 fax email: <[EMAIL PROTECTED]> web: <http://www.panix.com/~dhenwood/LBO_home.html>
