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Posts Tagged ‘U.S.’

Going Broke: Veterans of a Post-American Economy

Last week: A late-model Qantas A380 jet engine disintegrates mid-air, with passengers lucky to have survived the ensuing in-flight trauma. This week: A two-year-old Carnival cruise ship is towed into a San Diego, California port after an engine crankcase spontaneously splits open, erupting in fire. Passengers in this case, too, were lucky that the worst they suffered was cold food, limited electrical power and non-operable toilets. And in what would have been shocking 10 years ago, news of contaminated meat, recalled produce and unsafe drugs are now so routine that most of us shrug it off.

In such situations, the finger-pointing tends to be brand, manufacturer or supplier-specific. Indeed, it is tempting to chalk up such news to a series of unfortunate flukes. But is that the best and brightest lesson we can draw — or does our mainstream news media tend to downplay or disregard the Big Picture?

 

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Joe the Plumber: The Real Untouchable

Curt Eysink is an unpopular man.

Less than three months after assuming his post as executive director of the Louisiana Workforce Commission, he told a panel charged with overhauling the state’s higher education system: “We’re producing a workforce that we cannot employ in Louisiana.”

The problem? Too many four-year college grads and not enough low-skill and vocational trade workers.

Where is the job growth?

The service industry.

“[O]ccupational forecasts that show the state will produce 10,312 more four-year graduates than there are jobs to fill between 2008 and 2016, while at the same time there are 3,892 more jobs available requiring associates’ or technical degrees than there are people to fill them, ” reports Jan Moller of the Times Picayune.

Fairly or not, such news equates in Americans’ minds with sub par wages. And low-wage prospects make Americans see red.

“If I saw the strongest growth area was ushers, lobby attendants and ticket-takers, I’d leave Louisiana too,” said Belle Wheelan, president of the Southern Association of Colleges and Schools.

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