BOOMERBUSTER

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Saturday, January 29, 2011

RE STATE OF THE UNION

See David Kaiser's excellent site, and current post.


He also referred to Blow's editorial today, among many other things.


Here is a quote from DK:


'We now face the worst long-term unemployment problem that we have seen since the Great Depression and although it is less serous than it was then, we have, this time, no strategy to deal with it at all.'


At least back then there was a WPA, and still some union labor power in the society. 


Not anymore.


What really turned things around, however, was a world war; most unfortunately, for most everyone else.





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