Structural Unemployment Visualized

Posted: July 1, 2011 in Unemployment
Tags: , ,

Here are a great series of visualizations brought to you by Arnold Kling showcasing why we are likely facing structural unemployment.  Is our federal safety net designed for efficiency under this prolonged load?  Doubtful…which explains in part the enormous increase in government spending and partially explains some of our current and projected deficits (oh, besides other trillion dollar expenditures and extremely low revenue).

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