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View Diary: NELP: 1.5 Million to Exhaust Unemployment by December. (32 comments)

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  •  Destitution Gradient (4+ / 0-)
    Recommended by:
    dkmich, Brooke In Seattle, kurt, Egalitare

    Those on unemployment receive a temporary respite from the inexorable descent into destitution.  Sorry, I really don't know how to chart it or gather data, but you can imagine the path as that of an airplane with lost power -- it will crash short of the landing strip.

    An incalculable number of Americans are at some point on the destitution gradient -- basically everyone living on dwindling savings.  Add in everyone depending on investments that have lost too much value, or pensions without assets, or programs soon to be defunded. It could be a silent majority, correctly figured, but too many on this path do not see the reality until it is too late.

    For those on this path (I am one) it is simply a matter of time before a shopping cart full of clothes, hopefully with access to a tent and sleeping bag, become the only option.  Once crashed, there is no way to fly again.

    That is the larger reality, unobserved since there are no data points established, and none of us destined to crash are very vocal. It is a private tragedy, multiplied innumerably, into a public catastrophe.

    This will be a hard Winter coming.

    The Shock Doctrine by Naomi Klein -- best book ever, I nominate for a Nobel Prize!

    by xaxado on Mon Jul 20, 2009 at 07:28:56 AM PDT

    •  The ONLY chance we have to... (3+ / 0-)
      Recommended by:
      Brooke In Seattle, kurt, Lopez99

      ...preserve both stability and civility is to embark on a Public Works binge that makes the New Deal look like a modest pilot program.

      The staw that breaks the camel's back won't be some crossing of a threshold of total unemployment.

      It will be continued "good news" on Wall Street coupled with a critical mass of salaried employees pulling down 6-figures plus who thought they were "safe" being tossed out on their ears - most likely via CitizenOfEarth's Managing Out example.

      Single Payer and WPA 2.0...NOW!!!

      by Egalitare on Mon Jul 20, 2009 at 09:14:16 PM PDT

      [ Parent ]

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