"Do We Need Another WPA?"by New Deal and Bonddad
Submitted by Robert Oak on Sun, 05/17/2009 - 11:20.
http://www.economicpopulist.org/?q=content/do-we-need-another-wpaWow. This is a dramatic and great idea and even though it's from the New Deal, this is quite out of the box as a proposal!
I believe that the entire U.S. economy will never recover, we've gone past the edge on the middle class squeeze to the point it's bringing down the entire Macroeconomic economy.
What I see happening is the U.S. simply refuses to deal with what globalization is doing to the United States. There is no way American workers can compete with wages that are at 100:1, 10:1, even 3:1 ratios to U.S. wages and there is no way that will level until the United States PPP and standard of living goes to a 3rd world country.
Somehow I don't think that's what America is supposed to be about.
So, not only do they need a jobs program, tied to citizenship, to U.S. workers, to people of this nation, almost as a national union....but they need to modify a host of policies from corporate international tax codes to trade to employment law and put U.S. labor first.
FDR said work was a right and now that entire value is gone. Instead we have game shows as drama of who will be canned next.
The entire middle aged class is now double whammied. Through age discrimination, labor arbitrate their income is greatly reduced. Then they have no retirement. Old pensions were replaced with 401ks which have gotten wiped out through the stock market bubbles and busts and they also have had to raid them for health care costs, living expenses, being out of work.
So, we need a major paradigm shift in this nation and we need this age group especially to get their careers back.
This continual retraining, reeducation bullshit is just that. These people have college degrees, advanced degrees, years of experience, skills abounding and the reason they are in this boat is the obsession from multinational corporations to thrash their workforce and labor arbitrage people.Folks, this really is a dramatic policy call and at minimum one that wakes up the brain and puts the focus squarely where it needs to happen, the U.S. labor force. So, please cite it on other sites in comments, rate it up on sharing sites, send it around to your friends. I think NDD and Bonddad are really onto something with this policy suggestion
Read whole article here.........
http://www.economicpopulist.org/?q=content/do-we-need-another-wpa