The conservative brain-trust keeps telling us that jobs are going begging because the unemployed are greedy, i.e., demanding more than they are worth. Is this congenital or self-induced ignorance?
Job markets are never about wages. They are about skill sets and functions. All employment has its genesis at the junction of a person with a skill set and a void in the processes that enable an enterprise to attain its goals.
Therefore, cutting wages to starvation levels will not create full employment in the U.S.! Jobs have fallen prey to machines for centuries, something that supposedly business-savvy conservatives refuse to acknowledge. Since people are the most costly and least dependable element in any enterprise and machines are the most dependable and cheapest, machines will continue to shrink the workforce until such time as we create more enterprises around socially essential functions that only people can perform.
Such enterprises could well be seen as part of building a state-of-the-art national infrastructure and implementing a comprehensive public health/social service network which delivers on the Constitutional mandate to “provide for the General Welfare,” all elements of the Democratic Party's historic agenda and Obama's goal as President.