Memorial Day Open Thread
In pointing out that we could be doing much more about unemployment, I recognize, of course, the political obstacles to actually pursuing any of the policies that might work. In the United States, in particular, any effort to tackle unemployment will run into a stone wall of Republican opposition. Yet that’s not a reason to stop talking about the issue. In fact, looking back at my own writings over the past year or so, it’s clear that I too have sinned: political realism is all very well, but I have said far too little about what we really should be doing to deal with our most important problem.
Political reality once dictated that high unemployment would sweep pols out of office - has that changed? Perhaps 2012 will signal a Brave New World where high unemployment is no longer political poison. I hope not.
Open Thread.
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