tag:blogger.com,1999:blog-2161094474017907793.post2567074304207790586..comments2021-07-15T02:02:11.105+01:00Comments on Controversy!: UnemploymentUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2161094474017907793.post-91415488446250205732009-05-24T12:24:55.481+01:002009-05-24T12:24:55.481+01:00The way presented by you was pursued by the comman...The way presented by you was pursued by the command economies of the Communist regimes during the cold war, and is still used in Cuba. However creating full employment, it decreases productivity and expands the public sector of the economy at the expense of private enterprise. In my opinion, the way forward is to do the reverse. Loosen the fiscal policy in order to encourage consumption and private sector enterprise, which in turn will create jobsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2161094474017907793.post-10690342137642860402009-03-10T23:05:00.000+00:002009-03-10T23:05:00.000+00:00I think the case you are talking about is cyclical...I think the case you are talking about is cyclical unemployment which is due to the lack of aggregate demend. There are other types of unemployment such as seasonal,structural, frictional unemployment and etc should be take into consideration.CHEEhttps://www.blogger.com/profile/01005316814671640608noreply@blogger.comtag:blogger.com,1999:blog-2161094474017907793.post-82474244562017879812009-03-10T15:47:00.000+00:002009-03-10T15:47:00.000+00:00It is not so simple.Because if there will be too h...It is not so simple.Because if there will be too high tax rates thereby people's real disposable income will be too low and so they will not have a stimulus to work hard and so productivity of labour will decrease; and also they may decide to be voluntary unemployed to live on Job Seekers Allowance. so increase tax rates will not be a good solution for the problem.Anonymousnoreply@blogger.com