Jack Saturday

Saturday, January 07, 2006

Anti-Job, Pro-Freedom Quotes Of The Week 42 and 43

The longer view is even uglier. Job growth in the current period is the worst by far of the four comparable economic upturns since the 1960's: 2.7 percent versus the 7.8 percent tallied in the weakest of those earlier recoveries.
from
An Anemic Jobs Recovery
Editorial
New York Times
Published: January 7, 2006






Moreover, mass unemployment that persists for any length of time diminishes the capacity of other institutions to bind and constrain people. ...if the dislocation is widespread, the legitimacy of the social order itself may come to be questioned.
Frances Fox Piven, Richard A. Cloward
Regulating The Poor

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