A growing chorus of left wing bloggers are echoing this tune:
Jobless claims are up again this week in the US, marking "the ninth consecutive week that claims were above 400,000," despite the constant predictions that unemployment was going to start falling. (Magically! Care of voodoo economics!)
It's a terribly grim landscape, and the only viable solution is government intervention, fast and serious, because whooooooooooooops the market is not solving this problem.
"I'm sitting this one out."—The Invisible Hand.
Problem is that we've got President Bipartisan unwilling to do what it takes (spoiler alert: national infrastructure investment), because the Republicans might whine at him for governing like a sensible person who gives a fuck about his country.
Granted, said writer Melissa McEwan was never a big fan of Obama to begin with, but still...
Read more here.
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