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Cutting Spending In this Disastrous Recession Is Just Another Way of Assaulting Working America

Millions are still feeling the pain of a labor market that hasn’t yet recovered and calls for "austerity" threaten to slow or reverse any growth in employment.

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The economy, as Zandi and Phillips contend, is likely to continue to grow, albeit slowly, but the outlook for workers remains grim. In the absence of a further federal stimulus and a new round of revenue sharing with the states, the pain for workers will continue, with much of it falling on women

Eileen Appelbaum is a senior economist with the Center for Economic and Policy Research.

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