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Sunday, May 24, 2009

World Unemployment Crisis

Reviewing this article which raises an alarm regarding the world and unemployment, I can't help but return to a fundamental idea.

Its the simple idea that you can look in almost any direction in any urban or suburban area and instantly see massive amounts of work that needs to be accomplished. The trick of course is matching that need up with money and skills, turning the equation into a viable job.

With the amazing brain power that the human race collectively holds, a method must be out there that can match this need with a method of payment...

Reuters: Rising unemployment raises threat of social crisis: World Bank
"...if we don't take measures there is a risk of a great human and social crisis, with major political implications..."

"....economists and industrialists are conscious that the recovery will be slow coming and weaker than .expected."

3 comments:

Glynn Kalara said...

It's the spiral down to mass poverty. It's how ultimately Capitalism keeps the working class in line. Make people BEG. It's fun entertainment too. Gladiatorial battles were always packed. Watching the raggedity ones fight over table scraps and line up by the hundreds for dishwasher jobs is great fun for the owners and upper mgrs. as they dine on lobster, caviar and champagne and complain endlessly about NOT being able to find any good help these days. It's the British Raj on an Int'l scale. The good old days for the wealthy are back!

Jim Sande said...

Barefoot, pregnant, poor, and uneducated - sounds like my old neighborhood. Add in violence and obnoxious behavior and then its my old neighborhood.

This was the theme of the Bush years, no billionaires left behind.

Glynn Kalara said...

BV$H boiled down..."MIGHT MAKES RIGHT....FAR RIGHT!"