Wednesday, August 31, 2011

"Put America Back To Work"

The biggest domestic policy failure has been the refusal of top officials in the White House and in Congress to recognize the severity of the employment crisis that has settled like a plague over American workers.

There is no longer any excuse for believing that the Great Recession and its aftermath was a more or less typical economic downturn to be followed by a robust recovery. That’s a pipedream. What we are experiencing is an economic disaster, the worst reversal to hit the U.S. since the 1930s. The human suffering is profound. Some 14 million Americans are officially counted as unemployed. Nearly half have been out of work for six months or more, and many have been jobless for a year or two or longer.

Poverty is once again on the march, moving like Patton’s Third Army through communities that had never had more than a tenuous hold on the American dream. The few jobs now being created too often pay a pittance, the minimum wage or just above, not nearly enough to pry open the doors to a middle class standard of living.

Starved of tax revenues, the federal budget is submerged in a vast ocean of red ink. One of the tragic results is that social services are under furious attack at the same time that the need for such services has grown enormously. If dramatic steps are not soon taken to put millions of jobless Americans back to work, the quality of life for much, if not most, of the population will be irreparably damaged. The American dream itself is at risk. more