Reality Check

I think this article belongs here.
It's very wise, and brings together:

The Republican "trickle down"
The Democratic "create jobs"
The continued Bank stranglehold
The long term lower job levels
The need for safety nets

Unless and until there is a recognition of the macro, The "solutions" will come piecemeal, and will likely be doomed to failure.

I don't know if there is anyone in government with enough vision to skip the politics and offer a comprehensive resolution. Moving five years ahead, will we be a third rate nation, looking back to denounce the greed and intransigence of egoistic leaders, lost in their own tiny worlds?

The last paragraph:
Quote
Or alternatively, admit that full employment is no longer plausible, so we will build a strong social contract -- of training, guaranteed income, health care -- for those discarded from the workforce. Let's have the debate -- for the one choice that is socially ruinous is the one we seem to be drifting towards -- mass unemployment without a safety net.


Life is Good!