See the “Dwindling Jobs, College Debt” post from yesterday for an extended discussion in the comments below the post. The discussion focuses mostly on debt, especially college debt. In blogging, he comments generated by posts can often be more interesting and informative than the post itself.
Economic and political difficulties — especially issues of justice — are on my mind, as always. Guess I’ve been reading too many scary books about economics and the jobs outlook.
What is the outlook? In developing countries, manufacturing that’s always on the move, stalking the cheapest labor. In Western countries, an abundance of jobs for machines, robots and computers; for human beings, not so much. Continue reading
Protecting Social Security and Medicare — the strong and fundamental safety net for older Americans — is a core mission of the Democratic Party and Democratic voters.
Equally important — it’s a moral obligation — is making sure we don’t leave younger generations bereft of opportunity and buried in debt. We must preserve hope for everyone from today’s elementary school children to today’s forty- and fifty- somethings.
President Obama’s call for quality early childhood education for all children gets us thinking in that direction. But what about today’s working adults, from age 21 to age 62? Too many will find themselves caught in the middle between the costly (privileged?) senior generation and the expensive (and essential!) younger children.
I’ve long been troubled by the accusation that preserving Social Security for today’s elders will lead directly to the indebtedness and impoverishment of our children and grandchildren. Continue reading