Sunday, January 11, 2009

Can the economy keep growing?

I hear from some economist on the radio that US may need 6 million new jobs in the next (I forgot the duration) 2 years? Anyway, it's just to keep up with population growth.

Yes, population growth. That "not talked about" aspect of economics again.

US is struggling just to keep the jobs it has now. It's loosing jobs.

Obama's stimulus plan calls for creating jobs. Several estimates for number of new jobs in this bold plan have surfaced, but no estimate is as high as 6 million.

I have heard 4.1 million at the most.

It's a moving target.

Of course jobs could come from other sources as well.

Private sector?

These days, government is the "enterprise of last resort" as private sector seems to be ruled by fear. Private banks tightening up, for instance.

Reducing population growth is something to discuss more often.

Also reducing cost of living overhead and consumption.

Part time work is easier to provide than full time.

In California, the state may mandate 2 "three day weekends" per month for state employees. This could save an estimated 1.3 billion in state revenue.

3 day weekends. Sounds like a great idea. I'd love having more 3 day weekends. Time for family, lovers, friends, travel, learning, hobbies, relaxation.

Too bad that many people feel they can't afford the associated pay cut. The cost of living is too high. Especially in California, I guess.

Remember; some say that "time is money."

If we don't have enough money, maybe we can have more time.

More time for relaxation. Better quality of life if people's overhead just wasn't so high.

Think about it, we need a lot of paradigm shifts.

One paradigm shift might be a more "steady state, low growth economy."

Think "environment," but also ask, "can we do this with population growing?" Where do we get the 6 million new jobs to keep up with estimated population growth?

Reduce breeding, population growth and consumption expectations. Live more fully. Gay people; come out of the closet.

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