For many, big government is a four-letter word, but newly released poverty and income data signal the need to invest in large-scale programs and initiatives that have the potential to turn the country around.
We have a choice: Americans can continue to accept large-scale unemployment as "natural" and permanent. Or we can follow the lead of the jobless young in the Arab Spring and of protestors beginning to demonstrate en masse in Europe.
One would think that in the face of such a calamity our government would do everything within its power to expand the workforce. But government layoffs, especially at the state and local level, are actually pushing up the rate of unemployment.
How do we put the dark side of 'U.S.' back into its bottle? The huge stock market losses make it harder for even the no-tax free marketers to deny the results of their work. The free market had spoken, after all, and did not like what it saw.