About Me

My photo
This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Thursday, February 6, 2014

In a Booming Economy, People Could More Easily Shift to Part-Time Work -- By Jim Geraghty, National Review

A Rising Tide Lifts All Boats, and Alleviates a Lot of Other Problems

The editors of the New York Times yesterday: “The Congressional Budget Office estimated on Tuesday that the Affordable Care Act will reduce the number of full-time workers by 2.5 million over the next decade. That is mostly a good thing, a liberating result of the law.”

This is about 90 percent nonsense, a testament to how rapidly and thoroughly a dedicated partisan can convince themselves that a bad result of a law they support is really a good result in disguise.

The ten percent that might not be nonsense it that it’s possible to imagine a scenario very different from our current circumstances, where people shifting from full-time to part-time, or leaving the workforce entirely, would be a good thing.

If we had a booming economy, with the vast majority of American workers feeling like they could make a good living and achieve their dreams, it wouldn’t be a problem for people to choose to work part-time. If a wife who just gave birth wanted to take a few years off to raise her child and be a stay-at-home mom, or to work fewer hours in her child’s formative years, terrific!  (Dads, too!) If somebody on the tail end of his career wants to downshift to part-time, and get a head start on enjoying those golden years, wonderful. In an economy that had a voracious thirst for workers, re-entry into the workforce and a return to full-time work if desired later on would be easy.

But the economy we have today and can see for the foreseeable future is nothing like that happy vision at all. The plight of the long-term unemployed over the past five years suggests that losing your job can be a career death sentence.

 (Click link below to read more)
READ MORE Sphere: Related Content

No comments:

Post a Comment