Archived posting to the Leica Users Group, 2011/10/17
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]George, In sectors like IT the unemployment rate in the USA is hovering around 4%, i.e. there is a shortage of manpower. USA is facing a two pronged failure right now - encouraging the 'wrong' sort of education (no focus on science, math and engineering) for a generation and the stupidest economic policy that I can think of, which exarcebates the unemployment problem. The solution is in intensive retraining, but at least from where I am sitting, I do not see that happening - as long as money is printed by the bucket full to save a few banks as the primary objective, there is going to be nothing left for anything else - no jobs training, no infarstructure, no public projects. Deficit financing is not bad if it used to create human and physical infrastructure that will lead to growth further down the road, but Obama's economic team has been brain dead on this from the start..... Cheers Jayanand On Tue, Oct 18, 2011 at 4:57 AM, George Lottermoser <imagist3 at mac.com>wrote: > > On Oct 14, 2011, at 5:43 PM, Henning Wulff wrote: > > > With the drastic changes in technologies over the last 20 years, I'm sure > every one of us over 40 has similar things to deal with at some point. > > > > Very well shown, George. > > Today I blogged (further) on one of the most striking realizations > reached as I discarded the old "work" > > Let?s face it. We threw the jobs out with the adoption of new technology > > <http://www.imagist.com/blog/?p=5764> > > Regards, > George Lottermoser > george at imagist.com > http://www.imagist.com > http://www.imagist.com/blog > http://www.linkedin.com/in/imagist > > > > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information >