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The unemployed have a job to keep the country economically balanced

autismtwo

Get a job says the government to the unemployment,, but the treasury economist says to the prime minister,, but unemployment keeps inflation in check. If the unemployed all got jobs, the inflation rates would go up,, banking mortgage and lending interest rates go up to stop inflation and slowdown the economy GDP. You see the unemployed control the cost of living and wage inflation, mortgage interest rates. GOD BLESS THE UNEMPLOYED. Without them your mortgage payments would increase and cost of living would be dearer, however this social equation ensures economical central control and standard of living makes sure you are always breaking even, i.e no growth prosperity for the countries individual over the long-term.  

The unemployed have a job to keep the country economically balanced. 4% Unemployed is a start-up investment confident economy, 6% unemployed is a controlled economy. The masters Interest capital and the slaves.  

There was talk after W2 about a negative tax band,, no welfare state, this means that if a person is not working they get a wage via a negative tax band, no welfare state just a working wage prop up and the government gives them a job, so that people just jump between private and public work as economical necessary. I think this is better than the pretend scarity and capital profit(gap of inequality) system. Until a country adopts this system, it is master and slave model, be it under a guise of capitalism, socialism or any hierarchy playing field model.

 

 

  • quote"What the economist is referring to is the Phillips Curve. This was discredited in the 1970s when many western nations experienced stagflation (which is when unemployment and inflation run high simultaneously) and discredited a second time in the 1980s when Japan managed low unemployment and low inflation simultaneously. Britain is currently experiencing another phase of stagflation. "

    Arran thanks for your bright comments, I was wondering if stagflation is were the market has been previously swamped by stimulas levered easy low credit growth(GDP), the country is now carrying too much debt per capita so without new economical capacity in the existing sectors and no new vein of new tech economical sectors coming through, the country goes into a flat line. With stimulas  Quantum Easing Exercise to devalue the currency to engage exports to induce domestic growth,, the problem is the UK has no industry,, okay the designed middle east conflict problems is the saving grace as UK OIL exports is bridging the trade gap. A capital spend on gas fracking and 4 new english gas platforms and a hyper-rail infrastructure project is setting ENGLAND up long-term in lieu of Britain.  But the reality is BRITAIN IS NOT WORKING, due to previous government 5-10 year plans being too LONDONISED since the 1970's.

  • autismtwo said:
    but the treasury economist says to the prime minister,, but unemployment keeps inflation in check. If the unemployed all got jobs, the inflation rates would go up,, banking mortgage and lending interest rates go up to stop inflation and slowdown the economy GDP.

    What the economist is referring to is the Phillips Curve. This was discredited in the 1970s when many western nations experienced stagflation (which is when unemployment and inflation run high simultaneously) and discredited a second time in the 1980s when Japan managed low unemployment and low inflation simultaneously. Britain is currently experiencing another phase of stagflation.  

    There was talk after W2 about a negative tax band,, no welfare state, this means that if a person is not working they get a wage via a negative tax band, no welfare state just a working wage prop up and the government gives them a job, so that people just jump between private and public work as economical necessary

    I'm in favour of a citizen's income but nobody seems to have heard of such a concept.