My concerns are (1) the types of new jobs created and (2) who pays the training costs.

Most of the new jobs require (A) training many people don’t have and (B) talents many people don’t have. Your unemployed Carrier AC worker will never be able to write commercial-level code no matter how long he might spend in “coding school.”

Business expects others — taxpayers, individuals — to pay the training costs rather then business paying them and folding that expense into the product price along with all of the other costs of producing their product.

There are possible solutions but they require a new structure beyond the “hang out the WANTED” sign and wait for someone to show up.

— David Grace

Graduate of Stanford University & U.C. Berkeley Law School. Author of 17 novels and over 200 Medium columns on Economics, Politics, Law, Humor & Satire.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store