Is this really the ‘new normal’?
May 7, 2010 - 9:55 am
You can argue with the GOP spin in this piece, if you like. In fact, I invite it because I hope somebody credible out there can assure me that it's really not true.
Hear what the Obama crew sayeth:
“White House adviser Larry Summers on Friday predicted that past employment rates will not return after the recession passes. ‘The best way to put it is this: Forty years ago, one in 20 men [ages] 25 to 54, in America, was not working at a given point in time,’ he said. ‘Today, the number is not one in 20. It’s one in five. And a good guess, based on extrapolations of trends in this area, is that when the economy recovers, five years from now, assuming we return to normal cyclical conditions, one in six men who are 25 to 54 will not be working at any point in time.’”
Paging Harry Reid. Paging Shelly Berkley. Paging Dina Titus. Are you seriously telling Nevadans that we must -- must! -- send you back to Washington to carry out this "new normal"?
Is that your plan? Or, do you intend to take a different path from the Obama agenda? And, oh, BTW: What is it?