tag:blogger.com,1999:blog-1213331072378388884.post6570638532089025313..comments2024-03-19T08:45:10.745-05:00Comments on Hayward "Blah, Blah, Blah" Blog---Just a (Retired now) High School Economics Teacher. That's all...: One look at this graph and you may become (if not already) a Keynesian...Do not turn away!!GeneHaywardhttp://www.blogger.com/profile/08848814178464097668noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1213331072378388884.post-71525281209683971242011-05-08T21:21:50.969-05:002011-05-08T21:21:50.969-05:00I believe that it is better to bear cyclical unemp...I believe that it is better to bear cyclical unemployment as opposed to structural unemployment because it is far easier to reduce cyclical unemployment. According to what we have learned in class, to reduce cyclical unemployment you would need simply implement fiscal or monetary policy to increase RGDP and increase aggregate demand as the economy pushes toward full-employment. With that said, Greg Dunnnoreply@blogger.com