Justice for all...
What becomes of America when the social contract can no longer be fulfilled? Generations of parents taught their children about deals that they thought were immutable aspects of the American condition; they now watch their adult children struggle in a society where those deals are not honored. The current employment crisis in the U.S. can be understood only in light of this basic social contract, the central theme of the American myth, the moral of our national fable: If you work, you will survive. Not only will you survive but you will prosper. All our propaganda begins here. Young Americans are promised that work will translate to an ever-improving lot in life, within and across generations — a bigger house when you’re 40, and your children in a bigger house than they were raised in. You might say that this is a lot to ask of any social order. But then, it wasn’t my idea.
A country that has made its self-definition utterly dependent on the ubiquity of paying work now has an insufficient number of jobs. This is not short-term economic cyclicality; labor-force participation has dropped, fairly steadily, for decades. ... And all these people desperate to work or for more work undermine the bargaining power of those currently employed. Who asks for a raise when there are 50,000 young graduates who will do your job for two-thirds of what you make now? Who complains about discrimination, harassment, and other workplace immiseration when relief for employers is a round of pink slips away? This is what an employment crisis means. The unemployed suffer, and their suffering causes the employed to suffer. Each person’s precarity is instrumental in another’s.
It is hard to overstate: This country, in its current condition, has no other option but something close to full employment. Our pathetic social safety net, even absent the contracting effect of austerity measures, can’t fill in the gaps caused by the demise of ubiquitous employment. Even the counterrevolution has no other idiom; the most common epithet directed toward Occupy protests, after all, was “Get a job!” That the near impossibility of getting a job was the point for many who were protesting was too destabilizing a notion to be understood. In the short term, I have no doubt that the unemployment rate will fall. The question is the long-term structural dependability of a social contract built on mass employment.
It's pointless -- except in the sense of purchasing constituents -- to address the needs of the no-longer-young with Social Security increases while not addressing the needs of the not-yet-old with who are struggling with lousy prospects while laden down with debt.
A party that wasn't morally and intellectually bankrupt would focus on people, not programs, and would think about whole systems, not tweaks. But then, in the political class, there's always money to battle over program funding, one way or the other, for or against, pro or con, and so it goes.
NOTE Via BLCKDGRD.