Why Isn't the Unemployment Problem a National Emergency?
The political power of the working class has diminished in recent decades, and that helps to explain why politicians have not paid enough attention to the unemployment problem:
It also suggests a solution -- renewed political empowerment of the working class -- but that's easier said than done.
Posted by Mark Thoma on Tuesday, June 5, 2012 at 03:33 PM in Economics, Fiscal Times |
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