NP - The Myth of a Jobless Recovery

[alice wellintown]

correction

> And, the college kids with big loan bills who occupy, allying
> themselves with entrenched establishment labor and the violence
> enthusiasts and lunitics have no real gripe. Itz not like they are
> looking for work; they are looking for a good job. Well, those are not
> easy to come by just now. Sorry, bad timeing and luck happens.
>
> On Wed, Jan 9, 2013 at 2:11 PM, alice wellintown
> <alicewellintown at gmail.com> wrote:
>>> Other economists--and maybe these guys in other work?---are showing how
>>> capital has moved more and more to business owners in the last decades in
>>> the US, partly due to capital investments outside of workers that increase
>>> productivity.
>>
>> Not an easy problem to deal with; part of the solution must be to
>> educate and improve the skill of workers, so that human capital, where
>> the US has intensity and comparative advantage, can tilt back to the
>> workers. We can not go back to producing the goods we once produced
>> here with workers, products now made elsewhere by workers, or here or
>> somewhere with robots. A big challange is what to do about white men.
>> Another big one is what to do with new, uneducated and skilled labor.
>> Women are doing great. There is growth in the areas they dominate and
>> continue to build into through education and so on. But the white men
>> who once built houses and the like, the trades and so on, these guys
>> have a legitimate reason to occupy...well...not Wall Street, but ....I
>> don't know...um....the zone.