It's Now Indisputable: We Have A Jobs Crisis

What is clear now is that the focus on austerity in Washington, and the abject refusal by both parties to forcefully advance aggressive proposals to create jobs, is fatal to the aspirations of the 13.9 million unemployed, 8.5 million part-time workers who want full-time work and 822,000 workers who have given up their job search.

It is past time for grassroots Americans to demand a crisis response to unemployment. Some elites on Wall Street—the latest being analysts at Wells Fargo, one of the Wall Street behemoths responsible for the destruction of the Main Street economy—believe that the country is settling into a "new normal" of 7 percent unemployment; that our problems are "structural" and there is little we can or should do in the short term to address them—except to give more tax breaks to the richest Americans and corporations and wait to see what trickles down.

It is past time for grassroots Americans to demand a crisis response to unemployment. Some elites on Wall Street—the latest being analysts at Wells Fargo, one of the Wall Street behemoths responsible for the destruction of the Main Street economy—believe that the country is settling into a "new normal" of 7 percent unemployment; that our problems are "structural" and there is little we can or should do in the short term to address them—except to give more tax breaks to the richest Americans and corporations and wait to see what trickles down.