Uncle Sam does(n’t) want you

posted by
September 12, 2011
The Nation
by Steve Fraser & Joshua Freeman  
Posted in Commentary, PND Commentary

"Not long ago, the city council of Ventura, California, passed an ordinance making it legal for the unemployed and homeless to sleep in their cars. At the height of the Great Recession of 2008, one-third of the capital equipment of the American economy lay idle. Of the women and men idled along with that equipment, only 37 percent got a government unemployment check, and that check, on average, represented only 35 percent of their weekly wages. Meanwhile, there are now 2 million '99ers' -- those who have maxed out their supplemental unemployment benefits because they have been out of work for more than ninety-nine weeks. Think of them as a full division in 'the reserve army of labor.'" (09/12/11)


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