If unemployment doesn't drop a great deal fast - and it shows no signs of doing this –problems proliferate in all directions.
The most significant impact is on the lives of the unemployed. Studies show that after a few years of not working, people lose their talents, their skills, the work habits that make it possible for them to work productively and to be productive citizens. They risk becoming a lost generation - lost to their country, their communities, their families.
The new normal of slower growth and lower job creation also means lower tax revenues, more unemployment and health benefits to be paid out and therefore a much larger deficit.
Goolsby is leaving I wonder how this will impact us now. Can't hurt.
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Join date : 2011-02-21
Age : 42
gettheminNOVEMBER wrote:Goolsby is leaving I wonder how this will impact us now. Can't hurt.
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