The Real News Network has the interview and transcript New Employment Figures in the Shadow of a Fragile Economy.  Here is the YouTube video introduction text.

Economist Richard Wolff explains how the holiday season places folks in temporary, low-paid jobs that keep the economy in a fragile state.

Here is the key starting point for the discussion:

WOLFF: Well, I would always begin by saying it’s good news if there are more people working this month than last month, given the unemployment that has dogged this economy now for pretty much seven years and counting. But I would caution anyone to draw anything like the hyped conclusions coming out of the White House and the Department of Labor.

Intuitively, I have been blogging about the recent economic euphoria in the vein of this interview. Here we have an expert economist putting the meat on the bones of the skeleton of my intuition.

New Economic Perspectives has the article A TWELVE STEP PROGRAM TO RESTORE PROSPERITY: THE BERNIE SANDERS PLAN by L. Randall Wray. This article has a response to each of items that Sanders presented in the video in my previous post Bernie Sanders – An Economic Agenda for America: 12 Steps Forward.

While Wray and I both like Sanders’ plan a lot, the Wray article gives you what the plan would look like if it didn’t have to be watered down for people who haven’t yet learned about the way the monetary system in the United States works.  I also like Wray’s comments about trade policy and tax policy among a bunch of other likable points he raises in the 12 responses.

If you haven’t been following the New Economic Perspectives blog, then some of these comments might blow your mind.