Nearly 7 in 10 Americans have less than $1,000 in savings

A government or economy often defines full employment as any rate of unemployment below a defined number. If, for example, a country sets full employment at a 5% unemployment rate, any level of unemployment below 5% is considered acceptable. Full employment, once attained, often results in an inflationary period. The inflation is a result of workers having more disposable income, which would drive prices upward.
Types of Unemployment That Affect Full Employment
 
PostmodernProphet said:
the only mistake would be thinking it isn't an investment.....lets see, you start off with a 5% downpayment and twenty years later you discharge your mortgage......in the meantime your house has doubled or tripled in value......don't you wish your stock had done the same?.....
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The average American moves every five or six years. So if you buy a home with a 30 yr mortgage after five years you've paid almost no principle. That's not an investment.

A couple good articles on the topic:

http://www.moneyunder30.com/why-your-house-is-not-an-investment

http://abnormalreturns.com/2015/12/11/a-house-is-an-asset-not-an-investment/
 
evince said:
A government or economy often defines full employment as any rate of unemployment below a defined number. If, for example, a country sets full employment at a 5% unemployment rate, any level of unemployment below 5% is considered acceptable. Full employment, once attained, often results in an inflationary period. The inflation is a result of workers having more disposable income, which would drive prices upward.
Types of Unemployment That Affect Full Employment
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so for most of the Bush administration we had fuller than full employment?......or did Obama just lower his standards so that Bush's worst became Obama's best......
 
evince said:
A government or economy often defines full employment as any rate of unemployment below a defined number. If, for example, a country sets full employment at a 5% unemployment rate, any level of unemployment below 5% is considered acceptable. Full employment, once attained, often results in an inflationary period. The inflation is a result of workers having more disposable income, which would drive prices upward.
Types of Unemployment That Affect Full Employment
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if we are at full employment why are people unable to save?
 
cawacko said:
Two trolls going at it, awesome.

So are all "nationalists" this reliant on gov't? You can't save yourself you need to gov't to do it for you?
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? i expect the govt of my country to work for me yes. Just as I expect govt of other countries to work for them.
 
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