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Politics : American Presidential Politics and foreign affairs
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To: DuckTapeSunroof who wrote (42547)4/2/2010 2:07:04 PM
From: TimF  Read Replies (1) of 71588
 
The numbers are bad enough, but there is a growing consensus among economists that the unemployment problem is likely to become structural—no longer a temporary phenomenon.

Structural doesn't imply not temporary, only that its not something that goes away just with a cyclical recovery. People laid off that get hired back a year later to do the same thing once business picks up would be cyclical unemployment. People who need to learn new skills, or unemployment because businesses have to adjust to new things and figure our new areas to invest in, and then wait for those investments to get going would be structural but temporary.

The article makes some good, if not new, points about public sector unions. They are a major force for bigger government.

In addition, an opportunistic Republican Party will abandon conservative principle to troll for new voters—even prepared, this past winter, to pose as the defender of Medicare.

That can help in the short run (and politicians tend to have short term focus), but it will hurt the party in the longer run. People who want big government are more likely to support Democrats, and abandoning fiscal conservatism, turns off budget hawks, libertarians, and likely (depending on exactly how you do it) constitutional conservatives.
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