Most political analysis of America’s awful economy focuses on whether it will doom President Obama’s reelection or cause Congress to turn toward one party or the other. These are important questions, but we should really be looking at the deeper problems with which whoever wins in 2012 will have to deal.
Not to depress you, but our economic troubles are likely to continue for many years — a decade or more. At the current rate of job growth (averaging 90,000 new jobs per month over the last six months), 14 million Americans will remain permanently unemployed. The consensus estimate is that at least 90,000 new jobs are needed just to keep up with the growth of the labor force. Even if we get back to a normal rate of 200,000 new jobs per month, unemployment will stay high for at least ten years. Years of high unemployment will likely result in a vicious cycle, as relatively lower spending by the middle-class further slows job growth.
This, in turn, could make political compromise even more elusive than it is now, as remarkable as that may
What marketing genius thought of calling the biggest shopping day of the year, “Black Friday”?
We just got back from taking our grandchildren down to State Street to see the Marshall Field holiday windows. Of course, there is no Marshall Field anymore. It was bought by Macy’s. But the old brass plaques under the big clocks still say Marshall Field’s.
The windows are crappy.
We went up to the fifth floor and waited in line for half an hour so the grand kids could tell Santa what they wanted. That was good fun.
Going to the trim-a-tree department of Field’s was always a tradition when the kids were little. But our grand kids have no interest. So, we went across the street to the Disney store where Lucy checked out her likes and
Lady Gaga sent a personalized video to a high school student council president who had sought help with an anti-bullying assembly he was hosting.
Jacques St. Pierre, 17, a senior at Etobicoke School of the Arts in Toronto, who had been a victim of bullying when he was younger, received an e-mail with a subject line that said, “To Jacques from Lady Gaga,” theCanadian Broadcasting Corporation reported.
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This is written by Jesse Hagopian, founding member of Social Equality Educators (SEE), teacher in the Seattle Public School System and education activist.
Why I am shopping for handcuffs on Black Friday: Occupy the Capital!
A premeditated crime is about to take place on November 28, 2011.
With police across the country obsessively focused on enforcing camping regulations on Occupy activists, dangerous criminals who perpetrate truly heinous crimes are being left to run free.
When a crime syndicate recently announced its intention to make another hit on the youth of Washington State, teachers began preparing to take up yet another unpaid task in their day to help enforce public safety.
This organized crime ring is made up of the state lawmakers from both parties who are set to convene a special
