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Reply #16


Response to Tansy_Gold (Original post)

Thu Feb 14, 2013, 06:59 AM

16. One graph that says much about America, and our future: the growth in jobs vs. food stamp use

http://fabiusmaximus.com/2013/02/06/foodstamps-job-48565/

Below we see the US recovery in one graphic, from the February 4 issue of Bloomberg Briefs. It shows the weakness of the recovery, but has another and deeper lesson for us. The pressure of the Great Recession on business accelerated existing political and economic trends. As a result the New America has an increasing fraction of jobs that are some combination of minimum-wage, temporary, part-time, and with no benefits (Wal-Mart and Amazon have perfected these tactics; see the links below).

Free competition, open borders to immigration, and the destruction of private sector unions all contributed to this situation. Despite what we’re told, this was not inevitable or immutable by public policy. The nations of Northern Europe have shown this by the successful protection of their middle classes.

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...The next few decades will be interesting. Will we allow these trends to help the 1% reshape America, or will we follow the Founders’ example and take command of events — and make our own destiny? Can we work together to form powerful political alliances, and then make wise decisions?

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LineReply One graph that says much about America, and our future: the growth in jobs vs. food stamp use
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