Friday, July 8, 2011
Our Jobless Prosperity
New employment numbers in the United States are anything but rosy. The figures were not as glowing as was expected with unemployment marked at 9.2% but that does not factor in those whose benefits are exhausted and those who have found a position but are wildly underemployed. This can not hearten the crew trying to orchestrate Obama's reelection, but I have a feeling that before November of 2012 that the numbers will have been massaged sufficiently that joblessness will (only nominally) be within the eight percentile. The only group really prospering now seems to be crony capitalists who have an in with the ever-encroaching government. The group holding its own seems to be Federal workers while virtually everyone else is losing ground. Unless average Americans have a palpable sense that their situation is improving, I find it hard to see how President Obama can earn their votes.
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