Felix Salmon (h/t HotAir)

… I don’t see much hope that the unemployment rate will come down to a remotely acceptable level any time soon. Realistically, America’s unemployed are here to stay. And we’re only just beginning to understand how that’s going to affect the political economy of the nation.

A near permanent dependent unemployed class, on top of the preexisting never-employed dependent class.

Just like the Europe.  Mission accomplished.