J.A.B. 20.

vices and virtues.



thesmithian:

…the longer unemployment stays high, the likelier people are to get used to it. Five years ago, an unemployment rate of seven and a half per cent would have seemed outrageous, but it’s possible that five years from now it will seem not so bad. A long-term crisis, after a certain point, no longer seems like a crisis. It seems like the way things are.

more.

+++++

art: painting by Kennith Humphrey

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    painting by Kennith Humphrey
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