For anyone who thinks things will get better, think again.

Defining Prosperity Down
by Paul Krugman

"I’m starting to have a sick feeling about prospects for American workers — but not, or not entirely, for the reasons you might think.

"Yes, growth is slowing, and the odds are that unemployment will rise, not fall, in the months ahead. That’s bad. But what’s worse is the growing evidence that our governing elite just doesn’t care — that a once-unthinkable level of economic distress is in the process of becoming the new normal."