Bond, James Bond Wrote:
Kids today need to be stripped of their iPods and required to work in nursing homes, soup kitchens, homeless shelters, or cleaning up garbage.
That'd be okay as long as you paid them enough to get some skills training.
But it'd be much better to start a new WPA/CCC and actually train them while paying them.
If this thread gets locked I may start as new on just on this article:
Austerity Hastens Economic Decline
By Stephen Lendman
Obama and other Western leaders face Depression conditions. Roosevelt addressed them in the 1930s. Imagine how austerity then would have imposed greater hardships.
Instead Americans got Social Security, homeowners loan refinancing, and moratoriums on foreclosures. Small farmers were helped unlike current subsidies earmarked for agribusiness.
Farm credit provided refinancing help. Doing so let many stay solvent and survive.
Unemployment insurance was established in partnership with states. Jobless workers got help. Now they're being told go find a job. We won't help you. More on that below.
FDR's alphabet soup of programs created jobs. Civilian Conservation Corps (CCC) workers built public infrastructure and worked on other projects.
Civilian Works Administration (CWA), National Industrial Recovery Act (NIRA), Public Works Administration (PWA), Works Progress Administration (WPA), Tennessee Valley Authority (TVA), and other federal initiatives put millions back to work.
Despite hard times, people got help. So did America. Accomplishments were impressive.
They included building or renovating 700,000 miles of roads, 7,800 bridges, 45,000 schools, 2,500 hospitals, 13,000 parks and playgrounds, 1,000 airfields, and other infrastructure projects.
Much of Chicago's lakefront was built. Unemployment dropped from 25% in May 1933 to 11% in 1937. It then spiked when victory was declared too early. War production revived economic growth. Full employment followed. Mirror opposite conditions exist today.
Over three years after the National Bureau of Economic Research (NBER) declared America's recession over in June 2009, unemployment, based on how calculated in the 1980s, approaches 23%.
Poverty is at Depression levels and rising. Stimulus and job creation programs are absent. Austerity is policy. So is directing America's resources for militarism, wars, banker bailouts, and other corporate handouts.
Growing public needs go begging. Instead of New Deal help, anti-New Dealism is policy. Increasingly people are on their own sink or swim.
On accepting his party's 1932 presidential nomination, Roosevelt pledged "a new deal for the American people" and delivered.
Obama promised "change you can believe in" and lied.
In his second inaugural address, Roosevelt saw "one-third of a nation ill-housed, ill-clad, ill-nourished."
Millions, he said, had too little income to live on. Disaster threatened them daily. Millions more had many other hardships. He promised to help more and did.
In his last State of the Union Address (January 11, 1944), he proposed a second bill of rights. He called the initial one "inadequate to assure us equality in the pursuit of happiness." His solution was an "economic bill of rights." He wanted it to guarantee:
employment with a living wage;
freedom from unfair competition and monopolies;
greater social security than provided in his first 11 years in office. He urged greater protections from the economic fears of old age, illness, accident, and unemployment.
He called his proposal "security. And after this war is won we must be prepared to move forward, in the implementation of these happiness and well-being."...
I probably wouldn't go so far into the social "war on Poverty" aspects of post New-Deal democrats, but a New Deal 2.0 is definitely in order.
Our decline is a direct result of dismantling that.
The failure of the New Deal was the failure to Deal with the FED.
You can't defeat plutocracy without monetary reform, so that must happen too.