"At the current rate of job growth (averaging 90,000 new jobs per month over the last six months), 14 million Americans will remain permanently unemployed. The consensus estimate is that at least 90,000 new jobs are needed just to keep up with the growth of the labor force.Democrats will oppose any effort to get union money out of politics.I would think getting corporate money out of politics would have to include labor unions although I'm not sure the Democrats on the LA City Council would go along.Funny how they don't seem to mind union donations to candidates.
I guess that's different. Somehow. It just is.
"While labor unions have no outside shareholders, they do have well-defined stakeholders in the form of union membership, just like any other corporation. Also just like any other corporations, those stakeholders seek to maximize their own benefit..."
Unions Are Corporations, Too - Amateur Asset Allocator
"Even if we get back to a normal rate of 200,000 new jobs per month, unemployment will stay high for at least ten years. Years of high unemployment will likely result in a vicious cycle, as relatively lower spending by the middle-class further slows job growth."
If this current level of unemployment is structural as opposed to cyclical, it doesn't seem likely to me that either Republicans OR Democrats will turn on the 1% of the population that funds their election campaigns.
Everything Marx predicted about the end of capitalism is coming to pass.
Even if he was wrong about the solution to capitalism, that doesn't mean he wasn't right about its inevitable failure.
Looking Beyond Election Day | Truthout