Ransom's thoughts could also be summarized in the time-tested cliche, "a rising tide lifts all boats". IF the economy was growing at 3-5%, unemployment would drop like a rock. When there are fewer people available to fill jobs, employers are left with no choice but to sweeten compensation. That's either done with higher wages, more benefits or some other off-set (time off?). Just get government out of the way, let this country's entrepreneurs and corporations focus on what they do best; make money and create jobs.