Monday, September 2, 2013

America, New Normal, Dystopia, Brazilification

America’s Dystopian New Normal - The Daily Beast: "Yes, the unemployment rate has edged down to 7.6 percent, but America is well on its way to becoming a nation of part-timers and full-time temps. According to the Bureau of Labor Statistics, the number of  involuntary part-time workers rose by 322,000 to 8.2 million in June, while the ranks of temporary-help services employees have swelled to a record 2.68 million. Meanwhile, the employment-population ratio, the percentage of adult Americans who hold a job, has dropped nearly 2 percent to 58.7 percent since Barack Obama took office. Remarkably, both political parties are accommodating to this new reality of “Brazilification,” a term coined by Douglas Coupland in his 1991 novel Generation X and defined as the “widening gulf between the rich and the poor and the accompanying disappearance of the middle classes.” On a good day, Brazilification looks like the Metropolitan Museum of Art’s Costume Institute Gala, a party for the well-heeled, well-dressed, and well-coiffed under the dazzle of blinding lights. But, on a bad day, Brazilification is bankrupt Detroit, post-Katrina New Orleans, or the shuttered mining and mill towns 24/7, except bleaker."

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New Normal - Google News