This is in reference to “Jobless wait for real recovery; Many go back to school, change their career goals” (Business, Dec. 28). Jobless Americans may have to brace themselves for a long, hard wait for a real economic recovery. To paraphrase this article, a real economic recovery is “as credible as a mirage.”
As pointed out in the article, while businesses have increased spending on equipment, they remain reluctant to do so on people.
Worse than that, the jobs are going away permanently.
Now, nearly 9 million Americans are officially unemployed. During the last few years, several million American factory jobs have gone forever, exported to cheap labor overseas. Now, American white-collar jobs are being exported overseas at an ever-increasing rate.
Corporate globalization is shifting jobs wholesale to other countries, with no apparent concern for the jobless Americans left behind.
The Bush administration seems interested only in what’s good for corporations, and appears to be almost entirely devoid of concern for the situation of ordinary Americans. We need to direct the attention of our leaders to the fact that Americans by the millions are being economically stranded. We need to bring the policy issue of accelerating unemployment in America to the attention of all of our elected representatives in Washington, loud and clear, if we want to see a real economic recovery in our lifetime.
