Tag Archives: Unemployment Crisis

Been Down So Long It Looks Like Up to Me

Actually that’s the title of a 1966 novel by Richard Fariña – a counterculture cult classic. Thomas Pynchon, his buddy from their days at Cornell together, dedicated his book Gravity’s Rainbow to Fariña and said this Fariña novel came on … Continue reading

Posted in Blame Obama, Jobs Crisis, Mitt Romney | Tagged , , , , , , , , , , , , | Leave a comment

Structural Matters

This time it’s different. People always say that, and they believe it – but most of the time it really isn’t different. Maybe things fell apart with that sweet young thing who was your sweetheart – and this time it’s … Continue reading

Posted in Consumerism, Disappearing Middle-Class, Economic Recovery, Economic Theory, Structural Unemployment, Unemployment | Tagged , , , , , , , , , , , , | 1 Comment

Fountain of sorrow, fountain of light…

It wasn’t a bad Friday here in Los Angeles – as usual, bone-dry and near ninety with the hard sun riding high in the steel-blue sky. And here, where Laurel Canyon meets the Sunset Strip, you could imagine the good … Continue reading

Posted in Austerity Economics, Jobs Crisis | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Solving the Wrong Problem

There is a reason there’s that quote on the top of this page in the masthead, that one from G. K. Chesterton about how it isn’t that folks, worried sick about this or that, can’t see the solution to the … Continue reading

Posted in Austerity Economics, Deficit Hawks, Deficit Issues, Deficit Spending, Economic Theory, Unemployment | Tagged , , , , , , , , , , , , , , , | 2 Comments

America Chooses Decline

Every week it’s the weekly job numbers, and every month it’s the monthly job numbers. And as they’re always awful – when they aren’t flat and one or two commentators venture that maybe things might be getting better, slowly, but … Continue reading

Posted in America a Third-World Country, America's Disappearing Middle Class, Austerity Economics, Unemployment | Tagged , , , , , , , , , , , , , , | Leave a comment