Being an optimist and not an economist it pains me to point out that we will soon have a countable 10% unemployment in the US economy. Even more troubling is when the un-countable is added the number doubles. If you add the under-employed the number again doubles.
We’ve been advised that restructuring and rebuilding the US ecomomy takes time. Why then does it seem are we being price gouged at every turn? The middle-class is falling off a cliff and it appears that the only safety net is temporary and at the bottom.
We need a corner turn and we need it right away.