“In fact, the wage-price spiral is the functional counterpart of unemployment. The latter occurs when there is insufficient demand; the spiral operates when there is too much and also,unfortunately, when there is just enough.” EnoughFactsToo MuchDemandLatterUnemploymentSpiralsInsufficientCounterparts Author:John Kenneth Galbraith
“All unemployment compensation should be tied to a job training requirement. Now the fact is, 99 weeks is an associate degree.” ShouldFactsJobsWeekDegreesTrainingTiedRequirementsUnemploymentAssociatesCompensationJob Training Author:Newt Gingrich
“In most Western economies, the general relationship is not in fact between the rate of inflation and the level of unemployment, but between the rate of change of inflation and the rate of change of unemployment.” FactsLevelsEconomyWesternRateUnemploymentInflationRate Of Change Author:Paul Ormerod