An independent financial forecast center anticipates a steady increase of U.S. unemployment into 2013. That isn't too surprising since the corporgov hasn't adapted to the new international economic relations that have prevailed since the cold war's conclusion. An 8.8 unemployment average is anticipated for Feb. 2013.
The Obama administration's concern is for the well-off middle class-a shrinking class incidentally, that he thinks will re-elect him. I haven't any confidence in his ability to balance a budget, employ the poor or reform the economy.
There is the failure of classical economics because of the post cold-war global effects on the U.S. economy, and there is also a failure to transition into a new economics based in low entropy priorities. The people of the United States seem to be trending toward intentionally losing in economics.
I am not sure if that has something to do with the popular culture of the 90's with such songs as 'I'm a Loser, Baby' and a losing-doesn't-mean-anything attitude. Some people can't stand prosperity or won't work politically to make it increase. The need to become decadent and bring a nation to 21 trillion of debt and high unemployment for a decade or so should be defeated.
Organized crime seems to be doing better in these tough times. Boeing jets fly cocaine to North Africa for processing and shipments and meth labs have been found in Nigeria. The traditional mafia is experiencing a resurgence in Europe and who knows how it goes in Chicago with so much concern about the Mexican border traffickers.
Bad bi-partisan political-economic management will probably continue for some time. The comfortable are too unconcerned with correcting things so they work from the bottom up for those out of jobs the most time.
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