Reply #19: Cheap Labor Conservatism is killing us! The more desperately you

[B Calm]

need a job, the cheaper you'll work.

Consider these facts.

Unemployment was 23 percent when FDR took office in 1933. It dropped to 2.5 percent by time the next Republican was in the White House in 1953. It climbed back to 6.5 percent by the end of the Eisenhower administration. It dropped to 3.5 percent by the time LBJ left office. It climbed over 5 percent shortly after Nixon took office, and stayed there for 27 years, until Clinton brought it down to 4.5 percent early in his second term. Now unemployment is going back up at an alarming rate.