A "new normal": long-term higher joblessness and lower standards of living

Ah, long-term unemployment and lower standards of living, that's the Left's goal: spread the misery and mediocrity of the Third World to America.

From the AP:

Even with an economic revival, many U.S. jobs lost during the recession may be gone forever and a weak employment market could linger for years.

That could add up to a "new normal" of higher joblessness and lower standards of living for many Americans, some economists are suggesting.

The words "it's different this time" are always suspect. But economists and policy makers say the job-creating dynamics of previous recoveries can't be counted on now.

Here's why: