Friends,
There is a terrific piece by Bob Herbert in the 11/20 NY Times on
unemployment: "The Game is Rigged." Perhaps someone could post it in its
entirety.
Herbert refers to a recent report from the Economic Policy Institute by
Jared Bernstein. This "report found that despite the low overall jobless
rate, persistently high unemployment continues to plague low-wage workers.
Some groups -- including young African-American women -- are experiencing
disastrous levels of unemployment."
"The report touches on a point that is fully understood by economists and
politicians, but not widely known by the general public -- that it is
national policy to restrain growth and keep unemployment artificially high."
There's lots more -- very quotable.
Larry Shute
