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-- “Full employment – a guaranteed job for all -- is the leading economic objective of the Democratic Party.” -- 1972 Democratic Social gathering Platform

-- “We stand for full employment -- a job for everyone willing and able to work in an curtness freed of inflation, its vigor not dependent upon war or massive military spending.” -- 1972 Republican Fete Platform.

WASHINGTON -- There was a time in American presidential statecraft when the goal of full employment was a top policy priority, calling for bold government solutions. During the Recession, that meant “make-work” jobs for millions of the hunger-term unemployed.

There was a time when “natural” unemployment was cruelly 2 percent and a rise resulted in cries of bipartisan alarm.

Times have changed.

Today, 5.1 million Americans looking for profession have been out of a job for more than six months, according to the Bureau of Labor Statistics. People employed part nevertheless for economic reasons, often referred to as involuntary part-time workers, numbered 8.1 million in February. Another 1 million-addition are categorized as “discouraged.” They’ve just given up.

Source: Times Record News

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Source: Vision Shopsters Official Blog » Blog Archive » '2010 U.S. ...