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But they will consume a lot more than an unemployed person in the past.You can bet almost every person on new start has a mobile, and they make calls a lot more frequently than I did back in 2001 when I was paying 30 cents per 30 seconds, and $89 per month for that privilege.also the $1 menu a McDonald’s and others like it has items cheaper than I would have had to pay in 2001 etc etc.Flights are cheaper, cars are cheaper, renting movies is cheaper, internet is cheaper, interest rates are cheaper. etc etcAcross the board more things are being produced and consumed, and thats the ultimate point of an economy.Think about it, would you want higher employment even if it meant lower production?
But they will consume a lot more than an unemployed person in the past.
You can bet almost every person on new start has a mobile, and they make calls a lot more frequently than I did back in 2001 when I was paying 30 cents per 30 seconds, and $89 per month for that privilege.
also the $1 menu a McDonald’s and others like it has items cheaper than I would have had to pay in 2001 etc etc.
Flights are cheaper, cars are cheaper, renting movies is cheaper, internet is cheaper, interest rates are cheaper. etc etc
Across the board more things are being produced and consumed, and thats the ultimate point of an economy.
Think about it, would you want higher employment even if it meant lower production?
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