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View Diary: John T. Harvey: Austerity Leads To... Austerity! (15 comments)

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  •  I can't tell you how much I loathe the phrase (10+ / 0-)

    "jobless recovery" and the "serious" people who use it with zero sense of irony. Actually, I even hate hearing that phrase with irony because even then it contributes to keeping that toxic phrase in our vernacular.

    There is no such fucking thing as a jobless recovery. It's not a goddamn recovery if there are no goddamn jobs (and I don't mean minimum wage, part time, no-benefits jobs). What we have is a Wall Street Recovery, so that's exactly what it should be called.

    For the economic situation we have now, and the economic situation we've been in for a long time, the word "recovery" should never, ever be uttered by any person unless it is preceded by "Wall Street".

    Thanks for the diary, Priceman.

    “Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”

    by Oaktown Girl on Wed May 22, 2013 at 10:57:33 AM PDT

    •  it's funny how you can have a "recovery" (7+ / 0-)

      when 93% of the people are still screwed as much or more than when the economy crashed.  guess who doesn't count?

      i'm part of the 99% - america's largest minority

      by joe shikspack on Wed May 22, 2013 at 12:25:30 PM PDT

      [ Parent ]

    •  I loathe what we call a "recovery" as well (1+ / 0-)
      Recommended by:

      WE don't have the collective will to even acknowledge the truth about what would make a recovery, and part of that would have to be the government lowering the labor pool to raise wages and to raise the minim wage to $10.55 an hour just as a start and to massively deficit spend to make up for current account trade deficit capital flows and demand leakages.

      Yes, this is a Wall St recovery and a Wall St government. The real economy is in shambles.

      Thank you, Oaktown Girl.

      I don't negotiate grand bargains with deficit terrorists!

      by priceman on Wed May 22, 2013 at 05:38:55 PM PDT

      [ Parent ]

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