Editor's Note: As usual, an interesting perspective from WSJ columnist Gerry Seib. A twist on a commonplace topic.
http://online.wsj.com
* CAPITAL JOURNAL
* SEPTEMBER 3, 2010
by Gerry Seib
It Isn't Just Lost Jobs—It's the Lost Jobs Machine
[I]t has been...four decades since America's economy has been the...roaring jobs machine...average Americans...would like to see.
[T]he norm has become unemployment rates in the 5%-to-7% range.