SYNDICATED COLUMN: Revolution B Gon
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America Faces Permanent Unemployment SOMEWHERE IN AFGHANISTAN–It has been two years since the U.S. economy, once the envy of the world, drew its last breath. Millions of homeowners have gotten evicted. Unemployment has soared to Great Depression-era levels. Yet, aside from the witless “take America back” rants of the Tea Party crazies, things are calm. Remarkably so, when you consider the misery and rage that is tearing families apart. The explanation: unemployment benefits. By the time I got laid off as an editor in April 2009, Congress and the Obama Administration had extended checks for the jobless to a record 99 weeks. Another extension was approved in July. The money isn’t great. In New York, you get $405 a week plus $25 “Obama bucks” per week. But it’s enough to make a difference. If you hustle a little–odd jobs paid in cash, off the books, for example–unemployment makes it possible for many of the 20 percent-plus of Americans who lost…
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