Suite101.com Market Timing Model: Great thoughts Panspar

» Kirk - Great thoughts Panspar

I'll add my $0.02 worth.

We have seen unemployment go from 9% to 4% in the last decade. How much of that was Clinton and his goal to end welfare with "Welfare to work" that was a first for Democrats to support? What happens to the efficiency of this labor pool as it learns on the job and then have offspring born with a better work ethic than their parents were taught? I would think this would show in our productivity but I wager economists don't measure it.

Are we just starting to see the results of dollars that were spent on defense that are now put to more productive uses? IF society continues to have few wars, will this shift the productivity data somehow?

It seems we are at an inflection point on education and there is sufficient concern AND resources to do something positive about it. THIS has to help productivity 10 to 20 years from now when these children enter the labor pool.

We used to joke that many now come out of schools only knowing how to sue for sexual harrasment but don't have the math skills to calculate how much would be paid to their lawyers for the contingency fee! 8)

-- posted by Kirk