The Human Disaster of Unemployment by Dean Baker and Kevin Hassett: "We all understand how the human costs can be so high. For many people, their very identity is their occupation. Few events rival the emotional strain of job loss."
"It seems clear that neither political party was prepared to deal with the crisis of long-term unemployment. In spite of the severity of the downturn, there was a general expectation that the economy would bounce back, as it had after previous downturns." Full article
here
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