Structural Unemployment? It's like 1935 all over again...

[lsanderson]

Structure of Excuses
By PAUL KRUGMAN
Published: September 26, 2010

What can be done about mass unemployment? All the wise heads agree: there are no quick or easy answers. There is work to be done, but workers aren’t ready to do it — they’re in the wrong places, or they have the wrong skills. Our problems are “structural,” and will take many years to solve. More