May 22, 2011     Permalink How to solve our unemployment problem Submitted by Richard Clark

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Why Must Globalization & Computerization Lead to Ever Fewer Good Jobs for American Workers?: .ly/je6Rtd

We need to find ways to solve the unemployment problem;   otherwise everything else, including the debt problem, will get much much worse.   Why?   Because without more workers paying taxes, we will never have the tax revenues we need to fund even limited government.   Right now we have our priorities badly skewed.   We squander far too much on tax breaks for the rich, subsidies for oil companies, the wars conducted by our "Defense" Department, and tax exemptions and deductions for the upper-middle   and upper classes.   Meanwhile we spend far too little on the investment programs that will create good new jobs for the future.   We need to address both problems in a grand national rebalancing -- and we need to do it fast.     In short, we need to do all of these things because America faces a huge structural problem -- a jobless recovery -- and no single action will be enough to help American workers recover and prosper.