Saturday, March 05, 2011

why washington doesn't care about jobs

The Nation | Remember when everyone agreed that what the American people wanted from Washington was, in John Boehner’s words, a “relentless focus on creating jobs”? In the past few months the unemployment rate has barely budged, and yet lawmakers of both parties have jettisoned the jobs agenda in favor of an austerity program that will barely reduce the deficit but will almost certainly hurt employment. If the Republican proposal to trim $60 billion from the fiscal budget puts thousands out of work, well then, says Boehner, “so be it.”

This disconnect between the jobs crisis in the country and the blithe dismissal thereof in Washington is the most incomprehensible aspect of the political moment. But I think there are two numbers that go a long way toward explaining it.

The first is 4.2. That’s the percentage of Americans with a four-year college degree who are unemployed. It’s less than half the official unemployment rate of 9 percent for the labor force as a whole and one-fourth the underemployment rate (which counts those who have given up looking for work or are working part time but want full-time work) of 16.1 percent. So while the overall economy continues to suffer through the worst labor market since the Great Depression, the elite centers of power have recovered. For those of us fortunate enough to have graduated from college—and to have escaped foreclosure or an underwater mortgage—normalcy has returned.

The other number is 5.7 percent. That’s the unemployment rate for the Washington/Arlington/Alexandria metro area and just so happens to be lowest among large metropolitan areas in the entire country. In 2010 the DC metro area added 57,000 jobs, more than any in the nation, and now boasts the hottest market for commercial office space. In other words: DC is booming. You can see it in the restaurants opening all over North West, the high prices that condos fetch in the real estate market and the general placid sense of bourgeois comfort that suffuses the affluent upper- and upper-middle-class pockets of the region.

What these two numbers add up to is a governing elite that is profoundly alienated from the lived experiences of the millions of Americans who are barely surviving the ravages of the Great Recession. As much as the pernicious influence of big money and the plutocrats’ pseudo-obsession with budget deficits, it is this social distance between decision-makers and citizens that explains the almost surreal detachment of the current Washington political conversation from the economic realities working-class, middle-class and poor people face.

Social distance of this sort isn’t new, of course. The “out of touchness” of the Beltway is such a cliché that Beltway denizens themselves love to invoke it to demonstrate their self-awareness. But I’d wager the social distance that characterizes this moment is probably as bad as it’s been in at least a generation. We’ve had more than three decades of accelerating inequality that has placed the top 10 percent further and further away from the bottom 90 percent, followed by a financial crisis and “recovery” that has only exacerbated these distributional trends. There were already Two Americas before the Great Recession, but in the wake of that seismic disruption, those two continents have only moved further apart.

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