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Unemployed: The new Forgotten Underclass (Updated)

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 08:06 AM
Original message
Unemployed: The new Forgotten Underclass (Updated)
http://smirkingchimp.com/thread/cranestation/35035/unemployed-the-new-forgotten-underclass-updated

:snip:

Yesterday, New York Times op-ed columnist Paul Krugman wrote a column entitled "The Forgotten Millions." He states that,

“More than three years after we entered the worst economic slump since the 1930s, a strange and disturbing thing has happened to our political discourse: Washington has lost interest in the unemployed.”

Mr. Krugman discussed this in an interview nine days ago. ( I believe Jay Rosen interviewed him; it was LiveStream aired, but I am having difficulty finding a link. Perhaps someone has it. Update 3/20/2011. I am told that it was Andy Rosenthal that conducted the interview. Here is the link. and thank you to Jay Rosen and Firedoglake commenter newtonusr for clarification): http://www.livestream.com/nytimes/video?clipId=pla_8a6bac15-edf8-472c-ad7c-29c06daf89f9 Krugman continues to express specific concern for two groups of people: recent college graduates or young people entering a recessive workforce and older (50 y/o+) people who previously had jobs, worked hard, are now unemployed…and hoping that they do not get sick any time in the next fifteen years. That Washington is apparently ‘writing off’ two generations is like flipping the finger to twenty-eight-and-a-half million people, and that is shocking.

Krugman reminds us that there are no job creation bills in the making, and states:

More at the link --
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TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 08:08 AM
Response to Original message
1. Well we have another war - presto - jobs.
Unfortunately it seems to be the only jobs program. :(
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Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 08:10 AM
Response to Reply #1
2. And the military won't take people over 50 *LOL* n/t
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 08:22 AM
Response to Original message
3. We can pay to fix the unemployment problem or we can pay for a war.
I think Obama decided on war because it was easier.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 08:54 AM
Response to Original message
4. In order to lose interest, one has to have interest to begin with. nt
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Coyote_Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-22-11 09:14 AM
Response to Original message
5. Washington was never interested
in the unemployed.

Nor were they ever interested in doing anything to improve our economy. They just wanted people to start shopping again.
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