Friday, January 09, 2009

Good jobs and job security 

Seems sort of obvious, doesn't it -- nobody's buying nothing until we aren't afraid of losing our jobs. At Daily Kos, Devilstower tells the politicians just what kind of "stimulus" people need:
Just a hint to those planning economic stimulus: a one time payment isn't going to get people to spend. A tax cut isn't going to get people to spend. Not when conditions are like this.
The accelerating job loss — more than one million jobs have disappeared in just two months — suggests that the recession will last at least into early summer, making it the longest since the 1930s. The severe recessions of the mid-1970s and early 1980s each lasted 16 months, the current record.
Good jobs and job security -- that's what will get people to spend.
H/T Scott. Basically, what we need are more unions.

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