fighter on 05 December 2010
It's not going to get better for decades... To create jobs a nation needs consistently 3 GDP growth points per year (the 1st GDP point alone is "spent" on maintaining a nation's infrastructures (everything roads/ energy / fixed industrial structures to non-consumable goods etc.)
Structural reasons :
shift of the global economy from a western pole to a bi-polar asian economy (China - India asian "tigers")
currently the first and second sectors, materials and manufacture - are the most impacted - soon to come : services and finance
brasil and several other emerging economies will further distribute high density capital
ecology / ethics / rarefection of main supplies will slow down the global economy and above all - the potential of growth
Cultural reasons :
Leisure vs work : we are unwilling to sacrifice ourselves as previous generations have (not our parents though - they took the cake) - no one will work 10 hours a day to get by with barely enough space and food for his/her family.
Honestly - this is exactly the liberal project taking shape - money goes were it's best spent allowing new employees to become the new employers.
