Thursday, October 22, 2009
Unemployment
It's hard to believe that more than 15 million people are unemployed in the U.S. That number doesn't even begin to take into consideration those who long-ago stopped looking for work or those who are the unemployable. The number would be significantly higher otherwise and indeed frightening by comparison. High-school dropouts have very little hope of finding work. Recent college graduates are hard pressed to find employment even when they have graduated from some of the best Universities in the country. While the economy slowly recovers the less educated, the most recent college graduates and the middle class are suffering most. There are those who would argue that 'creative capitalism' is what's needed most to help stimulate the economy. They argue that the government should employ many more people as an alternative to simply providing handouts in the form of unemployment benefits and food stamps. Being able to work again for those presently unable to find a job would help bring a 'renewed self-worth' to them. That would be critically important at a time when many people see only despair and not hope. Something must be done and quickly so.
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