By JAVIER MANJARRES
Florida Democratic Congresswoman Frederica Wilson, and Michigan’s Congressman John Conyers, also a Democrat, have co-penned an op-ed in the Huffington Post, where they post acknowledge that the failed policies of the Obama administration have fueled the increase in the national unemployment rate, which has “damaged” the health of Americans “through anxiety and lost insurance coverage.”Wilson and Conyers are civil rights activists, who have both injected themselves into recent controversial and racially divisive court cases and issues, and have been advocates for a “fairer” more inclusive society.Five years after the onset of the financial crisis, there are still more than eleven million people actively looking for jobs, more than four million who have been jobless for six months or longer, and seven million who have given up looking for work altogether. Pervasive and persistent unemployment has damaged Americans’ health (through anxiety and lost insurance coverage), homes and neighborhoods (through mass foreclosures), and lifelong career prospects (because of lost skills and discrimination against the long-term unemployed).
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When unemployment falls, business owners and investors have more customers able to buy more goods and services. When unemployment falls, low- and medium-income workers can bargain for higher wages.-HuffPo
Some of our conservative colleagues in Congress might call this approach “big government.” To the contrary, we know it’s the way to optimize free-market capitalism. When every person is trained, working, earning a salary, and contributing to the tax base, we have less need for government assistance and higher levels of consumer demand and investment. We therefore have less debt and more economic growth.