The scourge the state must vanquish
We can't afford that. We've known for a long time that layoffs kill. High unemployment means increased levels of alcoholism, drug use, domestic violence, and suicide. As the article makes clear, there is a host of subtler effects as well, especially in the case of people who stay jobless for two years or more, and some of these effects are already manifesting themselves in our society. And it is not only the jobless themselves who suffer. High unemployment weakens the bargaining position of all workers, depressing income and benefits and creating a climate of fear.
The government must act. Leaving employment to recover at its own pace would be the failed old laissez-faire non-interventionist Republican model which the people decisively rejected with their votes in 2006 and 2008. The awesome wealth-generating power of the American economy has already come roaring back. The leadership must ensure, as in FDR's day, that the American worker can participate and receive the benefits.
8 Comments:
I agree. For years our GDP has been dominated by financial 'products' with no real value. We need to return to real people creating real goods and services for an honest day's pay. Until we get to that point, government jobs spendng on infrastructure, green energy, and education must fill the void.
"High unemployment weakens the bargaining position of all workers, depressing income and benefits and creating a climate of fear. The government must act."
One could add that the government must also resist the temptation to allow the trashing of labor standards in the pursuit of statistically better employment figures.
TomCat: FDR put a lot of people to work building essential national infrastructure. Much of that infrastructure is now deteriorating. Obama could put a lot of people to work upgrading it.
Magpie: Good point. More jobs with a deteriorating standard of living would be almost as meaningless as a jobless recovery.
Clinton left a nice 'nest egg' which bush proceeded to fuck up... unfucks take a long, long, long, long, time!
infidel753.blogspot.com; You saved my day again.
Karen: I don't even want to think about how one would un-fuck an egg. Sounds very messy.
Anon: Thanks, I think.
Thanks for The Atlantic article, although it's so depressing, isn't it? Magpie's excellent point mst include the trashing of environmental standards. There was enough of that under Bush. A Gallup poll this week found joblessness the number one concern of Americans. Incumbents are going to pay the price.
Well, if the government just sits around and waits for employment to recover instead of doing something about it, they'll deserve to pay the price. We need action.
Getting rid of the filibuster (see post above this one) would be a good first step. The Democrats can take stronger action if they don't need to worry about Republican obstructionism.
Thanks for visiting.
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