The Right Resume
June 10, 2011 § Leave a comment
Employers Spend on Equipment Rather Than Hiring – NYTimes.com. This is a very nice explanation of the unemployment dilemma. I think we could take a couple of things from the situation. Lowering taxes on corporations doesn’t affect unemployment levels. Using the increased tax revenues for more effective and efficient education will make the biggest difference to unemployment in the long term – it won’t solve the immediate problem. What isn’t mentioned in the article is the long term advantages of increased research and development (and the precursor of increased basic science research funding). Finally, our neglect of developing and replacing infrastructure also needs to be part of the equation.