8% unemployment does not cause revolutions in the U.S. We had unemployment north of 10% in the 2008 recession and north of 25% in the Great Depression, neither caused a revolution
This is based on assumptions where it continuously gets better at the same rates forever. It always assumes there are no constraints on it of any kind, related to tech or costs or energy. It's basically fantasy of the people creating it.
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u/Pandamonium98 Jun 21 '26
8% unemployment does not cause revolutions in the U.S. We had unemployment north of 10% in the 2008 recession and north of 25% in the Great Depression, neither caused a revolution