In the Cartoon, an investor makes a statement “I donât like 6 per-cent unemployment, either. But I can live with it.” How would you view this statement if you were in either the 6% or the 94% group? Today, knowing that the rate of inflation is much higher than 5.5%, does it suggest that the recession could become much longer than we believe? Maybe so many manufacturing jobs going abroad during the layoffs will affect us longer than we can imagine. Give your ideas on a few of these philosophies.
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