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Joined: 28 Dec 2005 Posts: 12206
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Posted: Sun Feb 21, 2016 2:40 pm Post subject: Potential Output |
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PeakTrader:
There seems to be a lot of (potentially) productive labor unemployed, underemployed, or underutilized.
And, a lot of capital that can be put to more productive uses.
Consequently, the permanent destruction of potential output, through changing demographics, is taking place slower than some people believe.
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