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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (7436)	8/20/2001 8:58:58 AM
From: elmatador	Respond to of 74559

Lets set the stage. People are aging and getting out of the work force and going into retirement. But the author failed to realize that there is one more factor that if compounded into his finds would had made the problem more worrying: People are living longer and going out of the work force due to EARLY retirement. All those jobs cuts through 'attrition you hear about; attrition is nothing less than offering early retirements of the dead-weight companies all over the world no longer can carry. Perhaps the abracadabra revolves about Mass Immigration and re-population plus a dramatic change in the education system: The usual 'asylum' and 'refugee types of arrangements whereby countries refill their populations without raising alarm is no longer enough. Neither is the passports' sales schemes officially called 'investment' in return to a residence visa. There are already some steps of governments testing the water: Green Card in Germany UK two year 'tourist visa Japan's Dekassegui US H1B visa Another way to deal with the aging workforce problem is to short -dramatically- the time kids spend in the school. So that if even we have less children they spend more time working. Starting early to contribute to the retirement of the old guard. In Germany -where a doctor starts to practicing when he is thirty- is the most glaring example. Moreover, people become professional students. They don't feel qualified to work and want more of what the school is offering. Perhaps this is one of the reasons that we don' read too much about universities running out of students now that the population is aging. Most of the professions that required a high school diploma started asking for a graduate, the one that required a graduate, required a PhD and so it went. This caused the kids to start contributing too late the social security system. The school system has to modified so that you don't need to learn the Second Law of Thermodynamics to serve a cool drink in a hotel. Nether that you have to be a MBA to be a cashier in the bank or a porter in a hotel. There are many professions that the guys spend time in the school without contributing and are utterly useless. I don't know how they find so many jobs for Marine Biologists, psychologists and environmental workers.