9/2/11

Finally the Daily Beast Comes forth With Economic Good Sense

Jobs Report and Fixing the Crumbling Market - The Daily Beast: "And the fiction that we are all in this together is a further impediment. We have a serious employment problem in the United States that is not a product of economic cycles, but changing economies and global commercial system knit together by technology that privileges capital and only rewards labor if you are in the emerging world. There is an underclass (a word not much used in America since the 1960s) of tens of millions of people in the United States who are on the short end of that stick. Unless that is specifically acknowledged and addressed, “jobs creation” is likely to be a will-o’-the-wisp."

So let this underclass build and populate new cyber cities and they will be like Tom Sawyer painting the fence.


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