Joblessness: The Kids Are Not Alright

In the U.S., we’ve always assumed that we’re not them, that America has this terrific, unstoppable job-creation machine. And that during a “cyclical downturn,” all the U.S. Congress or the states have to do is keep unemployment benefits flowing and retraining programs running until the American jobs machine kicks in and sops up the unemployed.

But what if this time the new-jobs machine doesn’t start?

Daniel Henninger – The Wall Street Journal