HIGH UNEMPLOYMENT continues to wreck millions of lives across the U.S.--and the cause isn't just bad policies, but the inherent flaws of capitalism itself.
According to the Economic Policy Institute, the U.S. economy still needs to generate about 10 million new jobs just to make up for losses from the 2007-09 recession and provide employment for young people entering the workforce. With the current slowdown in U.S. economic growth, that shortfall doesn't appear likely to be closing anytime soon.
Neither the politicians nor Corporate America are proposing anything that will end the suffering. Sure, Mitt Romney and Barack Obama are sparing over who's responsible--in the hopes of scoring political points. But both politicians are devoted to the interests of U.S. business.
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