Hoovervilles by Next Summer

Today’s employment report, showing that employers cut 533,000 jobs in November, 320,000 in October, and 403,000 in September — for a total of over 1.2 million over the last three months — begs the question of whether the meltdown we’re experiencing should be called a Depression.

We are falling off a cliff. To put these numbers into some perspective, the November losses alone are the worst in 34 years. A significant percentage of Americans are now jobless or underemployed — far higher than the official rate of 6.7 percent. Simply in order to keep up with population growth, employment needs to increase by 125,000 jobs per month.

Note also that the length of the typical workweek dropped to 33.5 hours. That’s the shortest number of hours since the Department of Labor began keeping records on hours worked, back in 1964. A significant number of people are working part-time who’d rather be working full time. Coupled with those who are too discouraged even to look for work, I’d estimate that the percentage of Americans who need work right now is approaching 11 percent of the workforce. And that percent is likely to raise.
Robert Reich, December 5, 2008

I think the contrast between the treatment of the financial companies and the automobile companies is instructive by itself. The big-capital guys get tons of money with no strings attached; the car companies, on the other hand, have to be scolded and forced into specific changes.

The important news, of course, is the unemployment numbers, which is the most significant gauge of how far capital is going to retreat into its shell and what it’s going to cost us. Even the financial companies are laying off lots of workers who don’t get paid millions each year.

The real question is how high the unemployment will get before the coming jobs programs kick in, sometime next Spring. After that, the most important question is going to be how the Obama administration handles the inevitable corruption that comes with giant government projects.

More Conservative News

After two decades of experience, most charter schools in the Twin Cities still underperform comparable traditional public schools and intensify racial and economic segregation in the Twin Cities schools. This is the conclusion of a new report issued today by the Institute on Race and Poverty at the University of Minnesota Law School.

Entitled “Failed Promises: Assessing Charter Schools in the Twin Cities,” the new study evaluates the record of charter schools in terms of academic achievement, racial and economic segregation, and their competitive impact on traditional public schools. The study finds that rather than encouraging a race to the top, charter school competition in fact promotes a race to the bottom in the traditional public school system.

“The Twin Cities is the birthplace of charter schools. Education reformers look up to Minnesota as the state with the longest track record with charter schools. But before they rush into expanding the charter sector in their states, they should take a closer look at the Twin Cities experience,” said Myron Orfield, Director of the Institute on Race and Poverty. “Rather than being a solution to the educational problems faced by low-income students and students of color, charter schools are deepening these problems.”

Failed Promises: Assessing Charter Schools in the Twin Cities Institute on Race and Poverty

The public school system drives conservatives right up the wall. First there’s all that political correctness nonsense– everything from the anti-Christmas campaign to segregation– and then there’s all the profit, just out of reach. So they came up with a solution: the Charter school.

It’s a perfect conservative strategy, hiding the violent anarchy of the market behind a facade of free choice and the freedom to innovate. It got rid of the nasty business of having to support segregation, too, among other things. And there’s all that public money to loot, too.

It’s probably one of the most socially corrosive notions to come along in a very long time. Instead of putting money and energy into the common experience of public education, conservatives argued, we should all fight for our little piece of the shrinking pie.

It should not be surprising that the Minnesota study found that Charter schools do no better over the long term than any other school, and that they reflect, if not exaggerate, inequalities of several kinds. It’s been obvious for a long time that they are not the pot of gold once imagined.

Welcome to the Fifth Annual Falsies Awards!

Vote Falsies 2008! It's your chance to vote for the worst candidates — and enjoy it.

Each year, the Center for Media and Democracy sponsors the "Falsies Awards" contest to shine an unflattering light on those responsible for polluting our information environment. As you look back at 2008, who stands out, for their shameless spinning?

Please rate our Falsies nominees (listed below), and tell us who you think should win our "Readers' Choice" Falsies. We're also asking you to sincerely nominate people or groups who have championed honest discourse over the past year, for our "Win Against Spin" Awards.

Please fill out the survey by 5:00 pm (U.S. central standard time) on Monday, December 1, 2008, to make sure your votes are tallied. You can vote for multiple winners in each category; our awards committee will factor that into their deliberations. Please note that you must vote on at least eight of our nominees for your ballot to be counted. (We don't need anyone stuffing our Falsies!)

Thanks for your input, and stay tuned to www.prwatch.org for a revealing look at our Falsies Awards winners, in December.

Welcome to the Fifth Annual Falsies Awards!.

My vote went for #6 which which includes Rick Berman and his trio of disinformation agencies: The Center for Union Facts, the Employment Policies Institute and the Center for Consumer Freedom. Do you ever wonder where your relatives get those bizarre ideas? Here’s your answer.