With over eight per cent of the American working population unemployed, job matching and economic expansion are needed. Most jobs enentually get filled, even low paying ones with high turnover. Our economic expansion overwhelmingly needs to be in the manufacturing sector: radios, TVs, motorcycles, clothing, furniture; basic manufacturing for basic good ole fashioned prosperity.
Expanding the manufacturing economy will allow expansion of the entertainment industry, from books to music to movies to professional sports, which we all love dearly. With more entertainment employees, perhaps the increased supply will bring the demand down, relatively, resulting in lower prices and more reasonably remunerated entertainers and athletes.
Also America needs more doctors, and nurses. If nothing else we must import them, to bring the cost of medicine down, like it is in Germany, where doctors are not rich, but are well paid.
Economic recessions and depressions are smugly written off by most of us as inevitable, part of a natural unavoidable cycle. But economics, like human behavior, is an understandable science. Is economic volatility truly unavoidable? What about warfare?
Common sense tells us that in both cases the answer is no, but we refuse to believe it. We can all imagine a world in which war is nonexistant, and everyone has some surplus wealth, but nobody has too much. But few of us seem to believe that we can actually create such a world.
But since we can imagine it, we can, or could, create it.
Please scroll down for the other articles in today's issue of The Truthless reconciler! Thanks!
No comments:
Post a Comment