Saturday, November 20, 2010

Jobless Recovery

On the subject of the ‘jobless recovery’, the elephant in the room is the inexorable transfer of our productive capacity to th Third World.  Any politician who says he or his party will turn that around is simply wrong.  Until we recognize this, and our leaders have an honest, informed conversation about it, we cannot plan a response, and reform societal institutions to function in the new reality we will face. 

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