Neither the president nor the ambitious GOP candidates know how to fix the American economy.
Happily the total unemployment number improved in December bringing down the percentage of those still looking to 8.5%
The BLS summary included this statement. “The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 5.6 million and accounted for 42.5 percent of the unemployed. (See table A-12.)”
There is the crux of the problem. Not one politician talks about this issue. No wonder. No one knows how to solve this problem.
Imagine you are 50 years or older and now are part of that 5.6 million people. Your career is probably over. If you have not found an alternate career that takes advantage of your prior experience you are most likely looking at low paying jobs in a new profession. Who is likely to hire you when you are part of the older workers group?
I have been through all of this and understand the pain. Fortunately I was able to utilize some of my prior experience. For those who cannot there is no solution.
Hoping that the government will show the way is foolish. Politics have ground the government to a near stop.
The next national election will be between “the audacity of hope” that failed and a list of GOP candidates that are focused on cultural issues.
Goodbye to America’s Middle Class!
Coast Contact 