Excellent Krugman On Our Distintegrating Economy And Long Term Unemployment

This is a big fucking deal.  And Krugman nails it nicely.  What we are seeing, besides the individual suffering of people who may never work again, is the slow and steady degradation of our economy.  When so many millions of people out of the work force forever and high unemployment the new normal, more of the wealth of the nation will be redistributed to the 1% and the larger, poorer permanent underclass will become a untenable burden on the remaining middle class.  We can't talk about this enough, and it is long past time for radical action to grow the economy and increase employment.  What are the chances that Obama will find the will to make a political issue out of this in order to win the 2014 election for the Dems and have the ability to help the suffering?  Zero point fucking zero.