Re: Heavy investment
C'mon you know full well that in the USA there are job categories that can't meet the demand from employers. I have stated many times that unskilled, uneducatied laborers are not in demand. Generally speaking in growing nations like China where labor is relatively cheap, the standard of living is on the rise. Why are Americans entitled to a higher standard of living than the Chineese for instance? The answer is that they're not. You may have noticed that growth in the U.S. economy has exceeded 3 percent for 10 straight quarters, the longest string since the 13 quarters that ended in March 1986 and the best performance among nations in the Group of Seven industrialized nations, which also includes Japan, Germany, the U.K., France, Canada and Italy. There are new jobs being created, wages are rising. Why is this a problem? Education and training that provide people with the skills employers demand is the key and I will say that the school system in the US is failing alot of students between the ages of 10-18 inclusive.
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