Tuesday, August 24, 2010

Slate, your late to the game

James Ledbetter wants to ask of the sturucturalists and cyclical theorists on unemployment:
So in the interest of peace between the camps—and of lowered unemployment—here's a plea to each. Strucs: You've got to be more specific about exactly how much of current unemployment you think is structural, and explain what those structures are, so that those who believe that government might be able to help fix it can at least offer some ideas.

We have, we are doing. Industry knows what to do, Government Motors have figured it out, Chinese officials are starting to get the plan, various US state and metropolitan transit planners get the whole picture, university research labs are on the hunt.

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