No, says the Nobel Prize-winning economist, who must be hoarse from repeating the same thing for the last four years: The United States is facing a jobs crisis, one that costs the savings, homes and dreams of millions of Americans and about $900 billion a year in lost productivity.
For the millions of Americans who have lost their livelihoods over the last few years and the millions more who have been unemployed since before the 2008 financial crisis, Labor Day will underscore the daily suffering. (more)
The well-intentioned handwringing over what to do about the slow asphyxiation of the traditional American humanities education continues over at Salon.com, where novelist Kim Brooks laments the failure of liberal arts colleges to prepare students for professionally and financially rewarding careers. (more)