You no doubt heard that according to the government (of the ruling class) that the recession is over, but this blogger knows better (as do you), and furnishes an abundance of information to the contrary.
...While this statistical "recovery" can continue for years to come, the working class will continue to struggle. As long as we continue to embrace these failed economic policies, the jobless recovery that no one but a statistician can see, will become the "new normal" - a permanent lowering of living standards for the working class. The jobless recovery will become the homeless recovery.I think that the recession is over for the ruling class--their banks have been bailed out by us working people (and we're stuck with the bill) and the global economy where the multi-national corporations play is picking up.
If this is to change, it must come from below. We must accept that class does make a difference, and that the wealthy elite do not have our best interests at heart.
It's not class warfare to say this. It's simply a matter of recognizing shadows from reality.
You see, working people with their sweat and creativity built these corporate monsters. But under the laws of private property inherent in the capitalist system, workers don't own the fruits of their labor--capitalists do. Now under globalization, sold to us by that great Democratic liberal Clinton, corporations have deserted US workers for cheaper ones in foreign lands.
So, I would differ from the author. I do not believe this recession is a result of "failed economic policies", it is because of a failed economic system.