What the hell are you talking about Perry?
Why rising unemployment rates keep Wall Street happy??
Well, rising interest rates does keep Wall street happy, but not for the the reasons you say! Actually, I really don't know what you're talking about. The only thing that I got out of it was, that downsizing causes more less paying jobs in order to compensate for the loss of higher paying jobs. And it's in this, that Wall street finds the employment statistic more favourable.
Sounds like alot of rhetoric to me. The reason why Wallstreet favours high unemployment rates, is because it takes off market pressures such as higher wage demands, which leads to higher prices. High unemployment rates keep the threat of inflation in check, whick keeps the dollar low and attractive to foreign investors.
Second year Planning student from University of Waterloo, Canada.