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There is no such thing as an acceptable level of unemployment, because hunger is not acceptable, poverty is not acceptable, poor health is not acceptable, and a ruined life is not acceptable.
-Hubert H. Humphrey
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There Is No Such Thing As An

Hubert H. Humphrey
There is no such thing as an acceptable level of unemployment, because hunger is not acceptable, poverty is not acceptable, poor health is not acceptable, and a ruined life is not acceptable.
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Wisdom Unemployment Levels

More From Hubert H. Humphrey

When you live in a poor neighborhood, you are living in an area where you have poor schools. when you have poor schools, you have poor teachers. when you have poor teachers, you get a poor education. when you get a poor education, you can only work in a poor-paying job. and that poor-paying job enables you to live again in a poor neighborhood. so, it's a very vicious cycle.
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When we give help to the poor, we are not doing the work of aid agencies 'in a christian way'. those are good, it is a decent thing to do - aid work is good and quite human - but it is not christian poverty, which st. paul desires of us and preaches to us. christian poverty is that i give of my own, and not of that which is left over - i give even that, which i need for myself, to the poor person, because i know that he enriches me. why does the poor person enrich me? because jesus himself told us that he is in the poor person.
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Unemployment in the sense of distress is widely disappearing. . . . we in america today are nearer to the final triumph over poverty than ever before in the history of any land. the poor-house is vanishing from among us. we have not yet reached the goal, but given a change to go forward with the policies of the last eight years, and we shall soon with he help of god be in sight of the day when poverty will be banished from this nation. there is no guarantee against poverty equal to a job for every man. that is the primary purpose of the economic policies we advocate
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In the name of compassion, obama advocates seemingly endless extensions of unemployment benefits because his economic theology holds that by paying people not to work, you will create jobs. it not only fails to factor in the obvious deterrent that extended benefits have on their recipients but also falsely assumes that transferring money from one pocket to the next generates more spending - by some mythical multiple factor, no less. back on planet earth, studies reveal that extending unemployment benefits results in more unemployment.
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No politician can praise unemployment or inflation, and there is no way of combining high employment with stable prices that does not involve some control of income and prices. otherwise the struggle for more consumption and more income to sustain it-a struggle that modern corporations, modern unions and modern democracy all facilitate and encourage-will drive up prices. only heavy unemployment will then temper this upward thrust. not many wish to confront the truth that the modern economy gives a choice only between inflation, unemployment, or controls.
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I think in some ways it would make more sense to have as a poverty level a relative concept and say, the level of poverty is that level of income or that level of consumption below which 10 percent of the people now are.
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