by Jon Bekken, ASR 57
We are, or so the boss press insists, in the midst of an economic “recovery” that began in July 2009, ending the 19-month American recession. Unemployment rates are now down to “just” 8.5 percent (a figure that does not include millions who have given up looking for work, or been forced to settle for part-time jobs). At current rates of job growth, we’ll all be back to work in another 15 years or so.
When hard times hit, the bosses always demand that working people bear the costs of economic policies we had no hand in shaping. Nothing is different this time around. Continue reading