"I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent."

Job, Unemployment

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"I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent."

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"The more you stay in this kind of job, the more you realize that a public figure, a major public figure, is a lonely man."

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"Getting to play superheros is a pretty good job."

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"The presidency is not an entry-level electoral job."

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"Rewriting is a large part of the whole job. And get rid of stuff that's not working. Just pare it down until it's a beautiful thing you can hand in, probably late, to your editor."

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"Secretary Rumsfeld used to represent parts of our district in the 1960s. I think that he and his team have done a masterful job in defeating Iraqi forces quickly and decisively."

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"It is a very delicate job to forgive a man, without lowering him in his own estimation, and yours too."

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"I could never hold a job for more than three months, which works out well because that's how long a movie shoots."

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Explore more quotes by William Vickrey

"Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours."

Job

"If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain."

Economy

"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."

Economy

"The nominal budget is a poor indicator of the impact of government outlays and revenues."

Government

"The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure."

Policy

"The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression."

Politics

"There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government."

Government

"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."

Economy

"Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed."

Performance

"Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief."

Balance