Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (101947)	9/15/2009 4:26:01 PM
From: Hawkmoon	Read Replies (4) of 116555

Hey Mish.. Gotta question for you. IMO, it's pretty obvious that unemployment is going to be an issue that we're going to need to resolve and the private market is not currently up to it. We're just not going to find a bottom under defaults, foreclosures, and decreasing consumption so long as people are out of work. So what do we do about it? How do we keep people PRODUCTIVELY employed so they are not sitting at home drawing unemployment (until it runs out) or on welfare? We can't have them working on projects that add no new economic value (parks, community centers, or other "make work" projects). But we have to have them working on something, or engaged in professional re-training and education, since our people are the ultimate investment in our country's future (or should be). So I'd like to see if maybe you might address this issue. Hawk

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