Why people should be in jail over the economic collapse, the involvement of President Obama, the importance of OWS, and an AVAILABLE ECONOMIC SOLUTION

Bart, great seed. I'll clip around. I've some comments and links but can't do it now. Soon though.

Bart, I saw that too. Weird. A summary, then no summary, then a different summary (same ideas of course). But this is from the article and I think worth quoting:

[Krugman: I say we’re still in a depression. I’ve taken to calling what we’re in the Lesser Depression. It’s not as bad as the Great Depression, but it’s like the Great Depression. It’s a prolonged period. We’re now four years into high unemployment and lousy economic prospects for most people. If you’ve lost your job, your chance of getting another is small. The number of people who’ve been unemployed for long periods is at a level we certainly haven’t seen since the 1930s. What we’re experiencing is an economy that probably feels in a lot of ways like the U.S. economy in 1937, when, almost everyone now agrees, policy makers were way too complacent and should have kept on pushing for more employment. It’s lousy..... It really is catastrophic. If you include people who aren’t actively searching for a job and people who are working part-time even though they want full-time work, we’re up to about one in seven. That means the unemployment rate is 16 percent. I live in a fairly rarefied social class now and so probably hear a lot fewer personal horror stories. But I do hear them: people my age, 58-year-old guys who’ve lost jobs and see no chance of ever getting another one; young people out of college with good qualifications who can’t find anything, who can’t get their lives started. The human damage is enormous.

PLAYBOY: Some of that debate is irrelevant to the average person. All they know is they don’t have a job or they don’t have a job that pays enough.

KRUGMAN: The point is there’s a tremendous amount of suffering. A lot of America is much worse off than it was four years ago. I think the main reason you should be angry about it is that it’s gratuitous. This doesn’t have to be happening. We actually have the tools to make most of this go away. If we could throw aside the political prejudices and bad ideas that are crippling us, in 18 months we could be back to something that feels like a much better economy.

That's an amazing statement--the suffering of broad unemployment is unnecessary. I'll pick up on this in a few minutes.