Analysis: Has Washington given up on job creation?

05/22/2013 | Washington Post, The

Legislative efforts to spur job growth have mostly petered out, and there doesn't seem to be a strong impetus to restart them despite continued weakness in the economy, Jim Tankersley writes. Recent gains in the stock market have made upper-class Americans more optimistic and reduced pressure on lawmakers to craft job-creation packages, despite the fact that many people are still struggling, he writes. "I don't know if people have concluded that there's been a reset -- we've accepted these higher levels [of unemployment] and that's a new normal. I hope not," said former Michigan Gov. John Engler.

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