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the unemployment numbers count only people unemployed for less than 6 months.
that's how the united states manages structural unemployment, by not counting it.
reports emanating from the fed, for example, particularly on the revised periodicity that bernake announced the other night, are as much advertisng materials as anything else---their primary function is to provide a sense of directedness by imposing a sense of directedness as a function of data-framing.
like it or not, ace, the world has changed. what dippin notes above is a **problem**---previous social-democratic models, for example, develop modalities of state action in the context of highly industrialized economies--which are not relevant for a deindustrialized economy like that of the united states in 2009. this means that previous strategies are probably not terribly helpful. the main problem this poses has been repeated and repeated in the face of your total pollyanna school pronouncements concerning the economy...that things are unravelling quickly at a point where there aren't alot of available templates to guide action by the state available (see above)...this is compounded by the ideological paralysis engendered by the sudden end of an ideological regime. economic crisis intertwines with cognitive crisis, which in turn feeds back into the economic crisis.
we're not in kansas any more, ace.
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a gramophone its corrugated trumpet silver handle
spinning dog. such faithfulness it hear
it make you sick.
-kamau brathwaite
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