Monday, May 21, 2007
belated Blogging II: Fared Zakaria Wishes For a Pony, Too
by Ken Houghton
More later, but feel free to pile on.
Via AngryBear
What America needs is a new way to tackle trade. It is a C-and-T agenda: cushion and train. The government should help people to weather the shocks of this roller-coaster ride, and it should help train them to be better equipped for the next round of global competition. We do very little of this today. When someone loses his job in America, he loses his health care and pension. Imagine if that didn't happen—and it doesn't in other rich countries—would that worker be as terrified of change? And then imagine if he took a series of retraining and education courses to prepare him for a new job or career.
More later, but feel free to pile on.
Labels: Economics, free trade, Health Care, Journamalism, pension funds