Jan 27, 2011

Income Inequality

Interesting discussion in the Economist about income inequality.  This has become a special problem for the United States. The world benefits from countries such as China and India becoming the world manufacturing centers. People can buy affordable items and these poor countries are making great progress.

But it is very hard on our unskilled workers in the United States.  There are not enough good jobs for them in this country.  The United States is still a manufacturing giant. But we are doing it with far fewer workers, especially unskilled workers. We have to figure out how to correct this problem.