Jeff Jarvis is at the Davos World Economic Forum in Switzerland, the elite of the elite.
The theme is “jobs, jobs, jobs.”
… They’re discussing growth strategies and so far we’re hearing the same notions we hear elsewhere in Davos, the complete trick bag: spend money on infrastructure, be nice to business, regulate less, reform taxes, reform immigration. OK and OK.
“The problems of job creation are more complicated than that. …
Buzz Machine – Efficiency over growth (and jobs)
For example, Apple and Google are two of the wealthiest companies in 2011, but they don’t have many employees. Some jobs have been eliminated by technology. Others are gone overseas because people just as competent as you are willing to do it cheaper.
Obama’s State of the Union again chastised the American rich for not doing enough. That might be good politics, but it’s not going to do anything to create many American jobs nor reduce the “wealth gap“. I appreciate that he’s trying. … It’s better than nothing.
Is there any solution?
I don’t think so after listening to a new BBC audiocast documentary: The Wealth Gap: The View from London.
The future looks grim for most wealthy nations. The “occupy” protesters, most jobless, will continue being frustrated. And the rich will get richer. If you try to tax them, they’ll relocate abroad.
source – BBC – The Wealth Gap – Inequality in Numbers
If you have a job, I’d recommend you keep it. And start putting away emergency resources. (I’ll not be following my own advice, as you might guess.)
… One of the few bright spots is philanthropy – Davos 2012: Bill Gates commits $750m to fight AIDS