Investors and workers have endured a lot of pain over the past two years.Fair & Balanced, aren't you, Frum? Note that he puts "investors" first. (He knows who pays his bills, & it's not the Market, or anything resembling it.)
So, shall we compare how those poor & long-suffering investors are doing (mostly defaulting on their mortgages) as opposed to people who work for a living (& create value that is stolen from them & handed over to investors) as noted in one of The Daily Dish's free-to-Sullivan "View From Your Recession" reader emails.
I've been relatively isolated from the recession. I'm employed, my friends are employed, and my young adult children have found jobs. But that isolation ended this month when the nonprofit I work at advertised for a 30 hr/week Administrative Assistant. We received 180 applicants - easily three times what I would have expected. Well over half were qualified. The process of narrowing the list down to seven for interviews was close to arbitrary. Four of the seven had been laid off over a year ago. The other three had had their hours cut or expected to be laid off.Most of those we interviewed had trouble disguising their desperation.The person we hired had been laid off a year ago and was thrilled to take a job paying 40% less - barely enough to pay for a one-bedroom apartment. The second-runner up had to get off the phone as she burst into tears. Three others we interviewed wanted to know if there was anything they had done wrong. They REALLY wanted to know. In thirty years of hiring I have never experienced anything like this.Sounds like the perfect world for a neo-feudalist like Frum. Workers living in fear, willing to do anything, take any cut in pay, yada. Now we needn't have to worry about the poor investors "suffering;" their income should increase commensurately as a worker takes a 40% pay cut. Hoo-ray for capitalism! Class war!
One way I coped was by being very kind. I made sure to promptly acknowledge all applications and received repeated thank you emails for doing so. I hear again and again that people have applied dozens of times without ever hearing anything. I made sure to talk personally to all those we interviewed but didn't hire. Their gratitude was palpable.
When will Frum & his ilk be strung up from the light standards? Has anyone checked his green card recently? There are certainly enough native-born assholes to suck at the corporate disinformation teat, why give a penny to this Canook bastard? There are at least four or five Canuckis on the Just Another Blog™ bog-roll [sic] (on your left) we'd swap for Frum straight up. (They're probably too wise to go for it, though.)
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