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View Diary: Structural Stupidity on PBS, Debunked by Krugman and Baker (123 comments)

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  •  Again, economists use the word "structural" (2+ / 0-)
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    JVolvo, Val

    to mean something different than what we are using it to mean in normal non-economist English.
    In normal English, normal use of the word "structural" yeah damn skippy it's structural--in the sense that it's systemic, planned, methodical and ingrained in the very structures we inhabit.

    That's not what the word "structural" means in the phrase "structural unemployment."

    Definition of structural unemployment, or at least a place to start

    and it's not what Brooks or Obama mean when they use the word. Just look at the other words they use when they're talking about "structural problems." Bet you $5 per speech that somewhere in the speech (or in the discussion) they'll talk about how the American people are inadequately trained for the jobs of the future.

    Ou sont les neigedens d'antan?

    by SouthernLiberalinMD on Sun Aug 04, 2013 at 10:49:04 AM PDT

    [ Parent ]

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