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Fareed's Take: How to fix America's jobs crisis

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Fareed's Take: How to fix America's jobs crisis Empty Fareed's Take: How to fix America's jobs crisis

Post by Guest Mon Jun 06, 2011 10:23 pm

If unemployment doesn't drop a great deal fast - and it shows no signs of doing this –problems proliferate in all directions.

The most significant impact is on the lives of the unemployed. Studies show that after a few years of not working, people lose their talents, their skills, the work habits that make it possible for them to work productively and to be productive citizens. They risk becoming a lost generation - lost to their country, their communities, their families.

The new normal of slower growth and lower job creation also means lower tax revenues, more unemployment and health benefits to be paid out and therefore a much larger deficit.

http://globalpublicsquare.blogs.cnn.com/2011/06/05/fareeds-take-how-to-fix-americas-jobs-crisis/

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Post by gettheminNOVEMBER Mon Jun 06, 2011 10:30 pm

Goolsby is leaving I wonder how this will impact us now. Can't hurt.
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Post by Guest Mon Jun 06, 2011 10:35 pm

gettheminNOVEMBER wrote:Goolsby is leaving I wonder how this will impact us now. Can't hurt.

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