Wednesday 22 July 2009

A recession for the many, not the few

Telegraph
"It would be bad enough if it was merely the unskilled and poor who were suffering. But we are also facing a youth unemployment crisis of almost unprecedented proportions – indeed, any claims Gordon Brown has to have helped the youngest and most vulnerable have been shattered. The recession has created an army of dispossessed, disenchanted young men (the majority of those losing their jobs are male). It is a recipe for social chaos not witnessed since the riot-punctuated Seventies and Eighties. It also, perhaps, helps to explain the visceral public reaction to this newspaper’s revelations over MPs’ expenses: it was a sign of the widening rift, already at unprecedented proportions before the crash, between the haves and have-nots."

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