Saturday, February 12, 2011
Click on the pic for a great synopsis on the large structural unemployment problem.  Interestingly the author points out how technological innovation has actually been a negative factor with regards to our unemployment problem.  I had written about this in the past.  While Ross Perot’s quote of “giant sucking sound” may had been intended towards the impact of globalization, I don’t think many people have in mind how technological innovation has translated to the same effect. 

Click on the pic for a great synopsis on the large structural unemployment problem.  Interestingly the author points out how technological innovation has actually been a negative factor with regards to our unemployment problem.  I had written about this in the past.  While Ross Perot’s quote of “giant sucking sound” may had been intended towards the impact of globalization, I don’t think many people have in mind how technological innovation has translated to the same effect. 

Notes

  1. rationalcapitalistspeculator posted this