Chronic Unemployment: Crisis or \”Correction\”

Like any parents, we want the best possible future for our children, and we\’re doing all we can to prepare them to attain it as our parents did for us. Being the grandson of sharecroppers and the son of 1st generation Polish immigrants, to us that means getting an education, being able to land a "good job" with the possibility of moving up the economic ladder, and possibly doing better than one\’s parents did. But the current rate of long-term joblessness, and Washington\’s apparent lack of political will to remedy it make me wonder if our elected officials see long-term unemployment as a crisis to be averted or "the new normal" — a "correction" that must simply be accepted.


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