Is it cruel to wake up the deluded?

In the Mass Psychology thread, we were discussing a floating payroll tax and I suggested it be called a full employment tax system since the payroll taxes would only be paid at their standard rates at full employment; otherwise the further north of FE, the more FICA rates would be automatically reduced. Tom Hickey madeRead More

This is what full employment looks like

“The wartime economic boom spurred and benefited from several important social trends. Foremost among these trends was the expansion of employment, which paralleled the expansion of industrial production. In 1944, unemployment dipped to 1.2 percent of the civilian labor force, a record low in American economic history and as near to “full employment” as isRead More