it seems to bet worse and worse. Can this even begin to reverse itself? Or has it gone beyond the point of no return?
http://www.nytimes.com/2005/05/12/opinion/12herbert.html?th&emc=thThe Young and the Jobless
By BOB HERBERT
American workers, especially younger workers, are stuck in a gloomy employment landscape.
May 12, 2005
The Young and the Jobless
By BOB HERBERT
There were high fives at the White House last week when the latest monthly employment report showed that 274,000 jobs had been created in April, substantially more than experts had predicted.......
........Globalization was supposed to be great for everyone. Nafta was supposed to be a boon. Increased productivity was supposed to be the ultimate tool - the sine qua non - for raising the standard of living for all.
Instead, wealth and power in the United States has become ever more dangerously concentrated, leaving an entire generation of essentially powerless workers largely at the mercy of employers.
A remark by Louis Brandeis comes to mind: "We can have democracy in this country, or we can have great wealth concentrated in the hands of a few. But we can't have both."
E-mail: bobherb@nytimes.com