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To: Lazarus_Long who wrote (12535)11/8/2003 5:09:26 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 17683
 
CGC identified the issues as well as anyone as to why the jobs market is what it is.

As far as what can the federal gov't do... about it...

Well first of all some open dialog needs to occur, to question how we got to this state wrt economic policy. A simple question like "what can we do about..." implies almost a steady state up to the moment in question. I don't think that is what we have.

First of all, we have had 3 rounds of Bush tax cuts. Did these have the desired result of jumpstarting the economy? I would have to say NO, depending on how you measure the intended outcome, but since Bush overtly called this a "jobs and growth" plan, looks like it didn't work to me. Therefore the tax cuts should be rolled back and any resulting money put to better use to achieve the desired result.

It would probably be prudent to discuss policy with a roundtable of CEOs. They'd probably say they are hesitant to pay full benefits to a US workforce, so that should be where we start, healthcare costs and whatever makes US workers noncompetitive. Since it is highly unlikely that Intel's XEON processor design team was substandard or nonqualified, and there are millions of cases like this, I don't think it is a training issue.

Finally deal with the trade surplus issue, with a qualified negotiator.