Sunday, August 3, 2014

What is the biggest problem confronting the country today?

I would argue that the biggest problem facing our country
today is a lack of good jobs and/or a lack of people to fill what good jobs there
are.


In the past, there were pretty good jobs for almost
everyone.  A person who never went to college could work in a factory and make good
money.  A person who went to college could be pretty secure for life.  Nowadays, with
globalization and increased competition, this is no longer true.  We do not seem to know
how to make good jobs, particularly for blue collar workers with relatively little
education.  This contributes to a situation in which we have inequality of wealth and in
which our economy stagnates.  We need to in some way encourage more innovation and
entrepreneurship that could create better jobs for a broader variety of
people.

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