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Tuesday, June 05, 2012

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:

The Growing Unemployed: A Case of Benign Neglect

It also suggests a solution -- renewed political empowerment of the working class -- but that's easier said than done.

    Posted by on Tuesday, June 5, 2012 at 03:33 PM in Economics, Fiscal Times | Permalink  Comments (126)


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