Unemployed?

[tw]

Originally Posted by ZenGum

I wonder how much unemployment could be reduced, and how much stress could be eliminated, by more job sharing.

Economists have been asking the same question for some time now - from a different perspective. American productivity is at an all time high.

How much longer can the few working people be pushed so hard? Unfortunately, we know from history that severe recessions created by fiscal mismanagement cause the longest unemployment after a recession's end.

This type of recession creates most fear among employers. Restoration of confidence takes years. Employers tend to push fewer employees harder. Productivity increases. Nothing new. The worst type of recession (created at the highest levels of mismanagement) creates that much fear. We are just beginning to see confidence (and 'help wanted' signs) return.

Always learn from history. Never forget what happened in 1968/1970. And what happened in mid-2000s. Mismanagement at highest levels caused employee hardship for how long? About a decade. Welcome to trickle down economics and other money games based in economic myths. Ie. war creates an economic 'boom'.

A better description was economic 'bang' - as in destruction