The new bait-ball economy

GOPUSA sends out a news flash known to everyone who works for crap: most job gains are in shitty paying or temp niches and many of those are part time. Temps are becoming increasingly popular, and one has to wonder why it has taken corporate America so long to utilize them to this degree. They allow the underlying employer to avoid screw low level employees even more. No health insurance, no sick days, not even Christmas or Thanksgiving are comped.

“Nearly one-fifth of all jobs gained since the recession ended have been temporary,” said Ashe Schow in the Examiner report. At the same time, full-time jobs decreased by 240,000 positions.”The recovery, or lack thereof, is being fueled by a shift from full-time to part-time work,” Ms. Schow said in the Examiner. And one more statistic related to the United States’ new economy, as reported by Fox News on Tuesday: Nearly one in six Americans is on food stamps. That’s more than are employed in full-time jobs, Fox News said.

We got into this shitty situation by cutting taxes on zillionaires, deregulating the banking sector, and slashing the social safety net. Which for our friends at Fox means the best way out is to cut taxes on zillionaires, deregulate more industries, and slash the social safety net.

IOW, there is an element in the right-wing psyche that cannot accept that their policies not only failed to work as advertised, they produced an economic catastrophe the likes of which we have not witnessed since 1929. They’re have nothing new to offer, but they can’t go back. They’re stuck, mentally frozen, like fish swirling in a bait ball. Their only prescription is more of exactly what failed so catastrophically. It should be a no brainer, but if these clowns get into real power ever again, with all three branches of government under their thumb, about 98% of us are truly fucked for life.