We have the ability to produce and sell the most technologically advanced products in the world. The problem is not many countries in the world have the buying power of the average American, reduced as it is. So we have a lot of ability and not enough market. At least not enough market for products we want to share with the rest of the world. So what should do we do for job creation?
The only real solution I can think of right now is to grow sustainable jobs for Americans. Americans making products that we can use right here in America. This way we put more people to work, and the money stays in country helping to make our economy stronger.
One or two small problems with this idea already, and I have not even started roughing it out yet. We have surpassed the limits of our brain power here in America. We currently buy brain power from other countries. Try as we might we can’t produce enough American born and raised rocket scientists to fill the jobs we have waiting for anyone with enough on top of their shoulders to take one of the jobs.
Maybe we should spend more money on education? Not on schools or teachers though. I think we are spending more than enough money there already. That money we are spending on teachers and education does not seem to make down to the Teachers. I feel this is a different problem yet similar to what some third world dictatorships suffer from. Drop 50 tons of free rice on the dock to help with the starvation problem, and about a pound makes it past the shipyard gates to the people who need it. The other 49.9999 tons of rice show up for sale in the local markets. Spending more money on schools and teachers is not a viable solution.
Throwing money at schools and teachers appears to disproportionately inflate the office staff, both in quantity and pocket depth (personal income). How about instead we spend our hard money on Tutors for our children?
Most adults are smart enough they could tutor school children and perhaps have a positive effect on those children. Children being tutored get better grades and have a better shot at being rocket scientists which is something we desperately need because rocket scientist’s children are more likely to be only a little above average than rocket scientists themselves, at least when considering those Grandkids of rocket scientists.
The problem with this idea is the cost burden for each family with children who could be tutored. How many families can afford to pay someone a living wage to tutor their children? About the same amount of parents that can afford a sitter for their children more often than those few and far between special occasions when they get out for a night, alone.
I guess that idea will never take off. We are stuck with a failing school system, unrealistic college education costs for those who score well enough in school to consider entering college, and unemployed adults who could tutor children and perhaps other adults successfully.