Alan S. Blinder, former Vice-Chairman of the Federal Reserve, has an op-ed in the Wall Street Journal in which he states that we have a national jobs emergency, and then wonders why politicians don’t seem to care about it:
All this adds up to a national jobs emergency. Tragically, however, it is not being treated as such. When is the last time you heard one of our national leaders propose a serious job-creating program?
I think the current situation adds further evidence to my theory about the phases of liberalism, and that we’ve moved so far away from the traditional liberalism of FDR that liberals no longer care about unemployed Americans. Liberals today have more important concerns such as promoting equality and protecting the rights of the planet. If Americans were all worked up about jobs, they might demand a halt to immigration under the theory that immigrants are taking jobs away from American workers, which is exactly what happened during the Great Depression.
Liberal elites don’t care too much about unemployed white workers because statistics show that these unemployed people are disproportionately those without college degrees. Liberal elites all have degrees from elite colleges, and they think that uneducated whites are receiving their just deserts for not doing the right thing and going to good colleges like they did.