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well, it's often a good idea to read the article cited in an op before you opine on it, ace, but whatever that's fine.
the article is more about outlining the magnitude of the un and under-employment phenomena that are out there (and in many cases here and out there are the same place) and the consequences psychological and social of not addressing these problems. because of the fact that much of the "jobless recovery"---a nonsensical term of course---is as it is as a result of structural transformations in the geography and organization of manufacturing, it is not a simple matter trying to figure out what solutions might be functional. there's probably a whole range of things that should be tried out some of which won't work, some of which will. but clearly "the market" aint gonna do anything to resolve the problems of excess human beings that "the market" has created in the first place. so this is a political matter. and as a political matter, it is something that the state should undertake to address. this sooner rather than later as well.
it's not a novel idea to think that the state could direct resources at industries, could underwrite new ventures, could divert money to do so from bloated and unnecessary defense spending...the state could be acting to ease commerical credit problems in order to spur expansion of existing businesses and all this within a general kind of new deal-like logic.
the republicans of course will stand in the way of anything like that because that's all they have to offer at this point, standing in the way of things, playing to news cycles, hoping that their reactive and reactionary politics these days will enable a kind of separation to be made between the republicans themselves and the economic ideology which enabled most of these problems to take shape, take hold, deepen and persist.
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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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