Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1014-1016
Harper's Weekly Review — July 23, 2013
Don’t worry about labor force participation. It’s not coming back.
The unemployment rate has dropped almost entirely because of this decline in labor force participation. In other words, it has not fallen because people are finding jobs. It has fallen because fewer people are looking for jobs.
Labor Force Participation Is Not Coming Back
By BINYAMIN APPELBAUM
New York Times
July 18, 2013
Nobody states the obvious truth: that the marketplace has changed and there will never again be enough jobs for everyone who wants one -- no matter who is in the White House or in Congress.
"Work" and jobs are not the answer to ending poverty. This has been the hardest concept for us to understand. It's the hardest concept to sell to citizens and policy makers. To end poverty and to achieve true economic freedom, we need to break the link between work and income.
When we say we need more jobs, what we really mean is we need is more money to live on.
A BIG would be cheaper than a jobs program. President Obama's 2009 stimulus plan promised to create 3 to 4 million jobs at a cost of $862 billion. That's over $200,000 per job.
Jobs Are Not the Answer
By Allan Sheahen, Tikkun
Thursday, 20 June 2013