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Today in History-Salt of the Earth
All of this could be avoided with legislative action but there seems be little likelihood that the current Tea Party strangled Congress will do anything that might relieved the economic pressure on the nation’s working people.
The Beatles 1969 song is a counterpoint to Spain's soaring unemployment rate (over half of Spanish youth are out of work).
The official unemployment rate drastically understates the weakness of job opportunities due to the existence of a large pool of “missing workers”
Listen. That sound you hear is the shredding of the social contract.
"The people at the bottom are going to be continually squeezed, and I don't see this ending anytime soon," said Harvard economist Richard Freeman. "If the economy were growing enough or unions were stronger, it would be possible for the less educated to do better and for the lower income to improve. But in our current world, where we are still adjusting to globalization, that is not very likely to happen."
What if the White House had, at any point over the past four or so years, mobilized the full force it now deploys for permission to bomb Syria on behalf of a measure to deal with the tenacious joblessness and growing economic insecurity we see around us every day?
We let companies close factories here, move the equipment to China, bring the same goods back to sell in the same stores, and call that “trade.” But we don’t just “let” companies do this, we give big tax breaks that practically force companies to do this.
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