Showing posts with label jobless recovery. Show all posts
Showing posts with label jobless recovery. Show all posts

Friday, October 25, 2013

Just Who Is The Five O'Clock Hero? (Not The Political & Professional Classes: They Still HAVE Jobs)


"Hello, darlin', I'm home again
                        Covered in shit and aches and pains

Too knackered to think, so give me time to come round
                                                                   Just gimme the living room beat to the TV sound"

("Just Who Is The Five O'Clock Hero?")


In our previous post ("Going Underground: Five Signs That We're Marching Backwards In Time"), we cited five essential statistics that document the continual unraveling of America's social fabric.

Now comes another sign that America's unwillingness to put a stake through its never-ending voodoo economic experiment isn't paying off -- in this case, via the U.S. Bureau of Labor Statistics' unemployment summary for September, which showed the economy adding a mere 148,000 jobs.

And what did we learn about the "official" unemployment rate? At 7.2 percent, it's largely unchanged

Number of long-term unemployed (27 weeks or more)? At 4.1 million, largely unchanged. Labor force participation rate? At 63.2 percent, largely unchanged

Number of people forced to work part-time, for purely economic reasons? At 7.9 million, largely unchanged


If this sounds like your definition of success...you need to have your head examined. For the rest of the story, go here: http://www.bls.gov/news.release/empsit.nr0.htm





"My hard earned dough goes in bills and the larder
                            And that Prince Philip tells us we gotta work harder
It seems a constant struggle just to exist
Scrimping and saving and crossing of lists"



When I saw the bureau's release, I immediately thought of this slow-burning lament to the common man, if you like, written by Paul Weller in tribute to the "real heroes" of Britain -- "the ordinary geezer or girl...who works 9 till 5 keeping the country going by working in [a] food shop or clothes factory..." (Mike Nicholls: About The Young Idea: The Story Of The Jam 1972-1982, p. 102).

Mind you, the common man has proven all too easy to lionize in contemporary pop culture -- as numerous second- and third-division street punk bands have shown -- but the lyrics quoted throughout this post ring all too true today. In just two minutes and 15 seconds, Weller lays bare the dilemma that all too many of us are now experiencing, of "scrimping and saving, and crossing off lists.

Originally imported from Holland, the song reached #8 on the UK charts in the summer of 1982, and became a standby of the band's subsequent "Trans-Global Unity Express" tour. It's heartening to hear that Weller has recently begun performing the song again on his own, albeit at a slower-burning pace than the original tempo. 

The mood and lyrics remind me of an equally timely observation from University of Michigan economist Sheldon Danziger: "Many Americans continue to think that a rising tide lifts all boats. But the bad news is that given the way economic growth trickles down now, the number of poor and disadvantaged will remain high unless we do more to help those in need." 

Perhaps he was thinking about the number of Americans living in poverty, according to the U.S. Census Bureau's own dismal figures for September: at 46.5 million, largely unchanged.




"From this window I've seen the whole world pass
                  From dawn to dusk I've heard the last laugh laughed
I've seen enough tears to wash away this street
I've heard wedding bells chime and a funeral march"

Now that the U.S. government shutdown finally ran its course -- after 16 slash 'n' burning days -- what's even more striking is the utter lack of ideas on display.

Republicans remain firmly wedded to their supply-side gospel, which is repeated as devoutly as the rosary; most of their Democratic peers cling to an equally moth-eaten mantra of "rising-tides-lift-all-boats"...even though the yacht, figuratively speaking, has long pulled out of the harbor (and left everyone else to drown in the resulting wake).


Before the shutdown flared up, 34 percent of participants in a CBS/New York Times poll identified jobs and the economy as "the most important problem facing the country today". By contrast, just 8 percent mentioned health care, and 6 percent, the deficit -- the two issues that defined President Obama's latest steel-cage encounter with his equally clueless antagonists. Can we say disconnect, anyone?





"When as one life finishes another one starts
             Alright then, love, so I'll be off now
                         It's back to the lunch box and worker-management rows
There's gotta be more to this old life then this
Scrimping and saving and crossing of lists"


As the above poll suggests, the people below have already figured out what the decision-makers above seem unwilling to grasp. Yes, the deficit is a major problem, but if you haven't worked in awhile, or can't get past part-time or temp status, you're unlikely to break out the confetti, if Congress cooks up a "grand bargain" that's proven elusive (at best) and wishful thinking (at worst).

An entire generation is being lost, written off and consigned to the margins of oblivion, while the political class diddles and fiddles, dithers and slithers, fritters and twitters, stumbles and fumbles, all too accustomed to the contours of tailored "power" suits, lifetime benefits and never-ending perks and privileges. Recall how they kept their own paychecks going during the shutdown, while the statisticians responsible for tracking the social train wrecks that they let loose were sitting idle at home. The irony needs no elaboration.

And so it goes, on and on and on and on and on, without a hint of change in the air...but if we don't take it upon ourselves to put pressure on those who need it most, we all know how this particular movie will end. -- The Reckoner

Tuesday, August 27, 2013

Going Underground: Five Signs That We're Marching Backwards In Time



Some people might say my life is in a rut, 
But I'm quite happy with what I got 
People might say that I should strive for more, 
But I'm so happy I can't see the point. 



Somethings happening here today 
A show of strength with your boy's brigade and, 
I'm so happy and you're so kind 
You want more money - of course I don't mind
 To buy nuclear textbooks for atomic crimes
--The Jam ("Going Underground")


As the old saying goes, the only certainty of history is that it always repeats itself. What goes around, comes around. The best predictor of future behavior is past behavior...and so on. If I had a nickel for every time I'd heard all these cliches, I'd be living in a mansion somewhere in the south of France.

Even so, there's no going around the fact that we're living in some of the most regressive times since the 1980s...a feeling that's hammered home by five negative social trends that keep the commentators' tongues wagging. Without further ado, shall we roll the credits, then?

1. This Just In (America Has Officially Joined The Hamburglar Nation): Doubt persists about whether we've finally spent our way out of our economic doldrums, though some of the usual established voices have apparently decided that's so ("Slow U.S. Economic Recovery Is Gaining Momentum": Wall Street Journal, 6/24/13).

However, the number of part-time jobs (read: 35 hours or less) has grown by 2.8 million since the Great Recession officially kicked off in December 2007, according to The New York Times. By contrast, the number of full-time jobs has fallen by 5.8 million.

Also, if you add two significant subgroups -- those who want full-time work, but have to settle for part-time, and those workers who have up looking -- the official unemployment rate effectively doubles, from 7.7 to 14.3 percent.  Get the rest of this cheery memo here:

http://economix.blogs.nytimes.com/2013/03/08/the-rise-of-part-time-work/

2. Permanent Fiesta For The 1 Percent Department.: Most analysts agree that those pesky little 1 percenters have enjoyed quite a party since the 1980s, when everybody seemed to strut around with oversized portable phones, and sweaters stuffed with big shoulder pads, waiting for their share of the wealth to trickle down their direction...today, the crickets keep on chirping, and they're still waiting.

How one-sided the party became isn't always apparent, though, until you read the Economic Policy Institute's May 2012 report, "CEO Pay And The Top 1 Percent," which states that U.S. workers' compensation grew by just 5.7 percent between 1978 and 2011. By contrast, CEO compensation swelled by more than 725 percent during the same period.

When stock options are included, the overall CEO-to-worker compensation ratio grew from 18.3-1 in 1965, to 411.3-1 in 2000, and presently sits at 209.4-1 in 2011 (a reflection, presumably, of the backlash that greeted such fripperies, once the economy flew south). Read the remainder of the bad news for yourself here:

http://www.epi.org/publication/ib331-ceo-pay-top-1-percent/



I'm going underground, (going underground) 
Well the brass bands play and feet start to pound 
Going underground, (going underground) 
Well let the boys all sing and the boys all shout for tomorrow 


3. At Least Keith Partridge Had Something To Fall Back On: The One-Paycheck Household has faded into a relic of "The Partridge Family" era...when the widowed bandleader (Shirley Jones)  could sleep soundly, knowing that she and her velvet-clad pop combo could cover all their monthly bills, plus Keith's college education tab, and have a few shekels left over for the occasional meal out.

Nowadays, however, Shirley and company would have to whore themselves out on the fast food or retail McJob Circuit, because their concert guarantees wouldn't keep up with the runaway cost of living.  This phenomenon is well-documented in The Two-Income Trap (Why Middle-Class Mothers & Fathers Are Going Broke).

As the authors note, married couples with children are twice as likely to file bankruptcy as their childless counterparts, and about 75 percent more likely to fall in foreclosure: "The problem is that so many fixed costs are rising -- health care, child care, finding a good home -- that two-income families today actually have less discretionary money left over than those single-earner families did." Keith Partridge, eat yer heart out!  For the rest of the story, go to this link:

http://www.motherjones.com/politics/2004/11/two-income-trap

4. Your Wallet (In The College Industrial Complex's Crosshairs): As even our mainstream media friends have finally acknowledged, educational debt has reached astronomical levels in this country, to the tune of $1 trillion, with roughly $180 billion in some kind of default or others. We've actually reached the point of generational debt, which promises to keep future lenders out of the cold, and off the street corner.

"Wait a minute," you say, "didn't President Obama and his minions sign some type of law regulating interest rates on student loans?"  Well -- as USA Today makes clear -- even with the changes, the feds stand to pocket $175 billion in profit from students over the next decade. As Ogden Nash once remarked: "Professional men, they have no cares/Whatever happens, they get theirs":

http://www.usatoday.com/story/news/nation/2013/08/25/student-loan-rates-will-feed-fed-profits/2696241/

5. Read My Lips, Bud, The Needle Hasn't Moved A Millimeter Around Here: As of 2009, an estimated 50.0 million nonelderly Americans lacked health insurance. According to the Employee Benefit Institute, the figure represents about 18.9 percent of the populace. Except for dips in 2004 and 2007, the number and percentage of the uninsured ranks has continued to climb, making the Clinton-to-Bush-era transitional low point (15.6 percent, in 2000) seem awfully quaint, indeed. You can find additional interesting information about this topic here:

http://www.ebri.org/publications/benfaq/index.cfm?fa=hlthfaq10



What you see is what you get 
You've made your bed, you better lie in it 
You choose your leaders and place your trust 
As their lies wash you down and their promises rust 
You'll see kidney machines replaced by rockets and guns 
And the public wants what the public gets 
But I don't get what this society wants 
I'm going underground, (going underground) 


Released in March 1980, "Going Underground" marked the first of three instant chart-toppers for the Jam, and still stands up as one of the most potent blasts of social commentary that Paul Weller ever unleashed.  What kind of society, no matter how prosperous, allows the scenario of "kidney machines replaced by rockets and guns" to occur, again and again?  In short, this song is all about prosperity versus priorities, with the average person falling considerably short of the finish line -- then, and now.

For yours truly, "Going Underground" became one of the handiest songs to blow off some steam, and a marker of hope that -- some day, somehow, somewhere -- the majority (whoever they were) would finally wake up, and shake the cobwebs off their brains...once the hangover of failing to get rich quick set in.  That never happened, of course.

As even many conventional Democrats are loath to admit, the Clinton era set dizzying new standards for go-go finance that would have made Reagan-era fixtures like junk bond king Michael Milken -- or his silver screen counterpart, Gordon Gekko -- wet their knickers with joy. Realpolitik, in it all its grimy, joyless variations, was the order of the day.

Whenever anyone dared to ask, "Isn't all this go-go business gospel getting slightly out of hand?", they'd hear the Status Quo Police respond: "Shut up! As long as we can print more money, it shouldn't be a problem." Other times, you might hear something like this: "Shut up! For most folks, debt's a way of life now. As long as they can buy their latest toys on credit, it shouldn't be a problem."

One common denominator ties all these statistics together: they represent snapshots of the choices that American society -- at its leanest, meanest, most mindlessly Darwinistic, and socially regressive -- forces citizens to make on a constant basis, whether it's food versus medicine, or child care versus earning a living wage...and so on, and so on, and so on.

This is a situation that makes no bones about community, with no other ethic laid out on the table beyond survival of the fittest. How the average person navigates this dog-eat-dog maze, of course, is strictly up to them...but, as these figures suggest, they're continuing to lose the battle...and don't even think about attempting to win the war.  --The Reckoner

Monday, June 10, 2013

Throwaway People

Throwaway People

We have too many in this society.

What does one do in a society where you are told YOU DO NOT BELONG and ARE NOT ALLOWED TO MAKE A LIVING for the most minute of differences? I faced this when I got sick, said illness denied me high paid enough, sustainable employment which made the health problems worse. I have seen so many talented people set aside via the bean counters. It's a travesty. Right now we have a growing underclass of all kinds where they know they do not belong.

Sure, I am disabled myself, but I am thinking of past days, where one wanted a community to have some loyalty and you were willing to give the same loyalty back. Where has that gone? If you are a little different, too smart, too slow, too old, too young, not conformist enough, not thin enough, not mainstream enough, today they don't seem to want you. I suppose some of us become experts at finding outside niches but I wonder at a society where it seems that out there only a growing number of people are being deemed "acceptable" for employment. Sure, they will make the "everyone needs education" claims, but we have the most educated society ever, no what is happening is a new class structure where only those who are already well heeled, connected and have the right looks and attitudes need apply. The "owning class" [see below] is tossing the rest out the door.

Both I and the Reckoner have pondered the reality of how many soul-less minions behind desks have determined our reality with the very economic foundations of our lives determined based upon their whims.

The other day I saw this quote:

"The problem is not work. Work is FUN when you do it for yourself. Work can be rewarding and you feel proud of your accomplishment. Nothing feels better than taking a well deserved bath after a day of hard work and then eating a comforting supper.
No, the problem is employment and job hunting. There is no dignity for the worker and job seeker in the process. Work has been hijacked by the owning class and has been rebranded as “employment”. They are not job creators, they are work usurpators.
If the capitalists, the owners and the rulers were not in the way, anybody could immediately pull themselves up by their own bootstraps. The fact that you need to be hired before you can do any kind of productive work is the problem that must be ended. Nobody should have to sell himself or herself before he or she can contribute to society."  

One thing I ponder is how much human potential is being thrown out the door, as these employers tell endless lines of people they are not a good fit. Some may contribute via writing or volunteer work and unpaid activities, but how many are being denied decent livings out there, because of the blockades put in their way? When did human beings become mere commodities?


I find the whole hiring process to be more about weeding people out rather then finding the "best"or allowing people to contribute. The other day I was talking about this with a friend when people lived in communities lifelong and when there were family and other long-term ties; things were far different, in terms of business decisions. One's community was taken into account, the extreme "free market" types will never discuss how those farmers they praised for so much self-reliance, worked together to raise barns and more. People worked together, and I am not talking about the controls of Communism but SPONTANEOUS relationships and interactions, ones formed by God's creation not directed from above....



I tend to think people were seen even differently. It wasn't all about fitting in and SELLING yourself to those who may NOT BUY. It was about being alive and being part of a community.--The Squawker