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Unemployment Quotes - Page 7

If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.

If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.

William Spencer Vickrey (2004). “Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey”, Edward Elgar Pub

I am opposed to Obama's efforts to destroy the American economy. I'm opposed to Obama's efforts to so-called fix the health care system. I'm opposed to the way Obama wants to go about fixing unemployment.

"Will Obama’s Exploitation of Newtown Families Force GOP to Cave on Gun Control?". "The Rush Limbaugh Show", www.rushlimbaugh.com. April 12, 2013.

To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano.

Henry Hazlitt (2016). “The Failure of the "New Economics": An Analysis of the Keynesian Fallacies”, p.542, Pickle Partners Publishing