Good morning. Take your seats, turn off your cell phones, and keep them off for the duration of this lecture.
Today's
subject is jobs. As even the dimmest among you are aware, we're in a
jobless recovery, which means that economic activity is picking up, but
businesses just aren't hiring enough workers to bring down the
unemployment rate to an acceptable level.
Between now and the November
elections, Republicans will blame Democrats for this mess, and
Democrats will say that it's all the Republicans' fault. The decibel
level will be excruciating. If you're among those who would rather argue
than understand, don't waste your time or my energy; get up now and
leave through the side door. But if you really want to understand why
we're not creating new jobs fast enough, put aside your politics and let
me teach you the one thing about economics you should have learned in
high school.
READ MORE : http://www.americanthinker.com/2010/04/an_economics_lecture_no_studen.html
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