• 6.4 million—the number of Americans who have been out of a job for six months or more. Long-term unemployment is turning into a massive social problem. (Any unemployment person will confirm that the longer you are out of work, the harder it is to get a job.)
• 26.1 million—the number of people who are out of work or employed in part-time jobs when they would prefer to work full-time. The so-called “underemployment rate,” which includes the unemployed and people working part-time involuntarily, is now 16.7 per cent, or about one in six.
In short, these are hair-raising, scary times if you are young, upcoming but are facing the daunting prospect of finding a decent job, getting married and raising a large family or your own. You can say the same, of course, about any young Chinese person but the point remains, these are hair-raising times.
Yet, depending on your perspective these are also hair-raising, exiting times for others. As F. Scott Fitzgerald so succinctly puts it in The Great Gatsby: The rich get richer and the poor get - children.
Fitzgerald was arguing for another time, in fact, before the original Great Depression, you say. True, but times – even though singers sing “times they are a-changing” all the time – don’t change. Some things never change.
Anyways, do what you’re supposed to do and make sure your life is hair-raising in the right way.
To wit, make sure it’s full of fun times and not scary.
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