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Your Daily Dose Of Unbridled Optimism
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The big debate in Washington and on Wall Street is whether we've entered "the new normal," meaning that jobs are never coming back and we have to be prepared for a world where we need to deal with a large unemployed or underemployed population. And, if so, what DO you do about it? More welfare? Retraining? For what? Or is this all cyclical as it's always been? Have things really changed this time forever? (New York Times)
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