Where are the jobs?
We hear about structural problems with the economy but it seems to be the real structural dysfunction is located on Capitol Hill in DC. Frankly my dears, our legislators just don't give a damn about the "little people." Doctor Krugman explains:
Jobs do get mentioned now and then — and a few political figures, notably Nancy Pelosi, the Democratic leader in the House, are still trying to get some kind of action. But no jobs bills have been introduced in Congress, no job-creation plans have been advanced by the White House and all the policy focus seems to be on spending cuts.It doesn't have to be this way. The Democratic party has once again allowed the GOPers to set the narrative when they should be pushing more stimulus spending to put people back to work. They should be asking the same question every day that the GOPers used to beat them with in 2010. Where are the jobs?
So one-sixth of America’s workers — all those who can’t find any job or are stuck with part-time work when they want a full-time job — have, in effect, been abandoned.