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Originally Posted by Rochard
I have. We've debated this on GFY. We've debated the different kinds of unemployment. And no matter what, no matter how you look it..... Unemployment is down, across the board, in all types. The unemployment rate is the standard for how the economy is doing. It always has been, and always will.
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So how is te economy doing? For most people, it's stagnant or getting worse. The jobs growth is in low-wage jobs. Yes the Fat Cats are getting richer and this is where all the growth has gone. Come the next bank crash it will tank again.
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People vote for change because they think change is better. "Change" always seems better. Unemployment has been cut in half in the past six years - why would we want to change that?
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If that were true the incumbents in power would change more often.
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Unemployment has been on a decline since 2010 or so. Why would we want change? We want unemployment to go up?
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It depends on the job and wage levels. Flipping burgers or building products to export?
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What has happened in the past eight years that has been so bad that we need change?
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The way the banks have invested and created another bubble that will burst would be a good start. Bringing back real jobs with decent wages would be another. Stopping mass migration by unskilled people the next.