Chronic Unemployment That Shouldn’t Have Happened
It’s finally sinking in that jobs for the unemployed aren’t being created, with no sign of that changing anytime soon. America has begun to experience “chronic unemployment,” which is a post-recession condition previously experienced in other countries but not heretofore experienced in this country. People become newly unemployed every week. The thing is, though, a good percentage of the millions of unemployed have been unemployed for two years or more.
Like a broken record and with the zeal of a born-again evangelist, I have blogged against the layoff mania that has dominated business and workplace thinking for way too long. For a sampling, click here, here, here, here, here, here, here, here, here, here, here, here, here, and here. If you want to slog through all my posts on the American economy, feel free to click here.
Alas, the powers that be in the business and employment world haven’t read my posts, or upon reading them, have cast them in the garbage heap. I was buoyed by an op-ed piece in the New York Times written by Bob Herbert that agrees with what I’ve been saying for two years. I’m sure Mr. Herbert came to this view on his own and without the benefit of reading my numerous posts. I’m guessing that a fair number of folks are coming around to my point of view as the recession drags on and the unemployed continue to find no jobs.








I’m sure this is very simplistic, but nonetheless true, as a contributing factor to the “jobless recovery”: We have an administration that, in general, has no clue, or remains obstinately and willfully ignorant that the private sector creates jobs and is the driver of a healthy economy. Truly supporting the private sector hardly seems to be on their list of remedies for our economic anemia.
To them it is all about “government.” And if that is how they continue to operate things will only get worse, or, at best, stay the same.
The president is actually taking credit for stopping the oil well disaster in the Gulf. This is how it goes these days.
Thanks for your wonderful blog John.
And yes, nobody reads you either. You’re right about that.
E.
E,
Why don’t you tell us what you really think?
I’m glad that you at least occasionally read my blog, as I do yours — still quite the standard for eclectic thought.
John