- Joined
- Jan 5, 2010
- Messages
- 12,289
- Points
- 113
Excerpts of Good Postings by SBF forummers.
QUOTE
There is no such thing as "developed". It is a continous process. Even developed countries have to keep moving to avoid stagnation and stagflation.
The aim of most govt is ensure that the economy has an acceptable unemployment rate. The issue is not the poor. The issue is that there are people looking for work but unable to get it. Education and managing the economy has be joined at the hips. Skills must meet industry needs. It appears there is skills mismatch. People are going to Poly and Universities are finding it difficult to hold to their jobs past the age of 40. The younger ones are outbid by cheaper labour.
These are serious structural issues and keen minds are needed by the Govt. The Govt cannot blame everything on the people. Why else form a govt?
UNQUOTE
(by Scroobal)
QUOTE
There is no such thing as "developed". It is a continous process. Even developed countries have to keep moving to avoid stagnation and stagflation.
The aim of most govt is ensure that the economy has an acceptable unemployment rate. The issue is not the poor. The issue is that there are people looking for work but unable to get it. Education and managing the economy has be joined at the hips. Skills must meet industry needs. It appears there is skills mismatch. People are going to Poly and Universities are finding it difficult to hold to their jobs past the age of 40. The younger ones are outbid by cheaper labour.
These are serious structural issues and keen minds are needed by the Govt. The Govt cannot blame everything on the people. Why else form a govt?
UNQUOTE
(by Scroobal)