In this special, we shine a light on solutions - immediate and long- term. Our focus is on stuff that can actually happen. Plans, not dreams. We'll look at promising industries and ideas. And we'll consider the role that the private sector and government should play in job creation. We get our advice from those who are now called job creators. The CEO of General Motors, Dan Akerson. The CEO of Dow Chemical, Andrew Liveris. The CEO of Starwood Hotels and Resorts, Frits Van Paasschen. From the state of Texas, Senator Kay Bailey Hutchison. And we'll talk to the head of President Obama's Jobs Council, the CEO of General Electric, Jeffrey Immelt.
33% of high school students don't graduate and their unemployment rate is 16%. People with a Bachelor's degree have an unemployment rate of 5.6%. Those with a Master's degree have a 3% unemployment rate. If you have a PHD or doctorate, it is 1.6%. We need engineers, not unskilled labor. The problem is obvious and so is the solution. Stay in school!
Very often we orientate ourselves according to the cyclical demands. The IT and the finances attracted a wave of students doing maths, computer sciences, economics and law, while other classical subjects are ignored. Engineers can make themselves useful now, if Obama wants to renew the country's infrastructure.
Fareed's interview of Arnie Duncan missed the most important point. The role that teachers' unions play in education. The reason we will never have longer school days or years is because of unions. Until their hold on education is broken, we will continue to fall behind. Second in importance is the hugh buracracy created by the federal and state education departments. Control needs to be given back to local school districts. That's the way it was in the 1950's and 60's in California and, back then, California was #1 in this country.
California's education system took a BIG hit from Proposition 13, which curtailed the ability of local school districts to be funded properly. The idea behind it was to force more state funding, but the requirement for a supermajority in the Legislature to increase taxes gave a veto to a minority and California has been on a decline ever since.
Implementation of president's deficit plan is mor important than short term job plan. Isn't short- term job plan is going to create another bubble?
Another smart, intelligent and enlightening show....and thank you to the GPS team for correcting the earlier video problems.
So, we're going to repair oil dependent infrastructure–guaranteed to collapse taking with it the futures of our children. So, for a mere 200 billion dollars, the Democrats are going to sell out wages and our country's remaining unions? How will this protect the American worker–America's real infrastructure past and present. What a short-sighted, pompous, self-important bit of growth propaganda passing as "journalism." I'm so sorry I mistakenly tuned in CNN this morning. Infrastructure investment for the 21st Century must necessarily be Green, sustainable and move us away from dependence on foreign oil and other carbon emitting energy sources. GPS's solution? Let's build roads! Forget it.
When interviewing Turkish Prime Minister, how come you did not ask him about THE ARMENIAN GENOCIDE?
Either you are not aware of it, or you may have chickened out?
It is not forgivable of you, to have missed that, since Erodgan indicated that Germans are stil payign retributions for the HOLOCOST.
I hope you can get more educated and next time around you have the guts to ask him.
I have great respect for you and your GPS SHOW. I watch it every sunday. I have asked my friends to watch you.
Thanks for asking the proper question
Just hope taht Fareed wil have the tiem toread th emessage and respond. my tel. 818 – 266 – 7601.
I've always enjoyed the vast majority of the guests on your show. However, Fareed, you should change jobs with David Plouffe. Thomas L. Friedman spent the last 15 minutes of your showing disputing what you had said in the previous 45 minutes. You continue to misunderstand and misinterpret what is happening in America and the world.
Great report Fareed!
I too have felt the importance for this country to begin to understand the role of maintaining a manufacturing base that keeps the production line moving forward and providing a catalyst for future innovation. The stalemate we have seen through the polarization of ideals from both the left and right has been my greatest frustration. It is so apparent that if either side wins we all shall lose. However, your program underlines an American spirit to overcome this if both sides will sit back and make the few concessions necessary to get the ball rolling. As much as one job in turn helps create another, the lack of one job is cause to lose more. It is very easy to go from 20% unemployed to 50% unemployed and that is what worries me the most. Work is the lifeblood of a person, it occupies the soul. The main concession we need to ask Congress to make is just to keep an open mind and that goes for both sides of the aisle. Labor needs to look at sustainable pay rates. The left needs to remove the roadblocks of the EPA, not eliminate them, make them reasonable. The right needs to realize that some taxes may have to be increased in order to facilitate investment in America's infrastructure. These are very singular examples. We are not asking labor to give up protecting the worker, we are not asking the left to give up on global warming and environmental issues and we are not asking the right not to provide oversight in all this. But , the bottom line is, we have people who want to be doing something with their lives. These are people including those that have worked for 40 years and still want to work, and, also young men and women who want to join the workforce.
Appreciate your continued investigation into this issue. It's time to really think beyond the horizon, by looking back over the horizon.
In recent decades our job numbers have expanded and contracted on the back of 'bubbles.' With each crashing bubble, the corporate recoveries have come on the back of increasing productivity due to advances in technology, movement of decent paying jobs overseas (at a savings to the corp) and in the U.S., workers working harder and longer for less.
If you look at productivity, one would and should expect that with each unit of productivity growth, less work (workers) is needed to provide for the corresponding unit of demand. If demand and productivity (work) are equal at 10, and productivity (work) increases to 11, less work is needed to meet demand. As mentioned above, we've been using bubbles (unsustainable growth) as a magic trick to keep demand and productivity at a equal level.
However, what we should and need to accept is that along with productivity growth, less workers, or hours will be needed to meet demand. If we require demand to keep up with productivity, we will quickly strip the planet of its worth,
I hate to come off with as marxist, I'd like to think that I'm not. But logic dictates that the issue will be that if we want all to work and pay their fair share, we will have to have a system where more people work less hours, while receiving higher wages (or the wages necessary to provide a 21st century standard of living including taxes to meet social and civic needs). This not to say all will make the same wage, or have the same wealth.
Tink about it. Interested in your thoughts.
When Cains originally proposed excessive spending as a means of increasing employmen England produced most of the products at home. Today when we send a trillion or more into the US economy we are increasing employment in China and India and very little here in the US. Also, we are pulling out of the private sector the ability to float bond issues etc. to increase their business. Further it allows the State and local goverments the opportunity to not address the fical problem they have which allows them to kick the can down the road.
Without a doubt, your program on Sunday is absolutely the best. You present the international (and national) scenes fairly and effectively and you introduce outstanding and knowledgeable guests. That said, your guest today, Krystal Freeland, might be better suited to the McGlaughlin show, as her emotional style of shouting and interrupting was rather disruptive to the otherwise interesting conversation.
IF ANYONE FROM CNN IS READING THIS ....CAN YOU PLEASE TELL ME THIS:
How is it possible that you rerun Pierce and Anderson to the point of nausia (and now the same is with Erin) , but a show like Fareed's is shown only2 times. One at the ungodly hour of 7AM PT and then a 10 AM again.
I'm tired of seeing repeat, repeat (don't get me wrong, I like both Pierce and Anderson, but enough is enough, thank you!)
Really disappointed in the revocation of the podcasts. Clips that cut off in the middle of the debate aren't even worth posting. I understand the need to treat the sponsors well, but I would very much encourage the team to investigate alternative models, such as mandating viewers to watch an ad to get the podcast. For those of us who can't always make Sunday at 10 and don't pay for DVR, this is a real dealbreaker and is a big bummer because it's a great show.
Where can I watch episodes online? I can only find the audio version of the show.
Is another possibility a lot of recorded growth could be from trimming the fat? Perhaps companies are generally focused on practicing efficiency (laying off mid-level executives, abolishing many unnecessary roles), not building and tapping into new markets. This happened to both of my parents, personally. But I imagine it's a large case?
Most informative show on television. Especially love the online outreach recently. Got a new subscriber, that's for sure~
I would strongly suggest you see these two articles: (1) "Parable of the Metropolis on a River" http://goo.gl/r4zay; (2) "Job Creation in the Modern Information Age" http://goo.gl/ig0z1
Exactly the point that has been attracting my thoughts – population continues to increase, while automation/technology continues to decrease employment opportunities; and yes, globalization – where corporations seek the lowest wage, wherever they can find it, IS PART of the equation. I don't doubt that it might take 5 more years. At the moment, that is far enough out into the future, to prevent over-optimism. No idea of what is going to solve the current imbalances.
The Global Public Square is where you can make sense of the world every day with insights and explanations from CNN's Fareed Zakaria, leading journalists at CNN, and other international thinkers. Join GPS editor Jason Miks and get informed about global issues, exposed to unique stories, and engaged with diverse and original perspectives.
Every week we bring you in-depth interviews with world leaders, newsmakers and analysts who break down the world's toughest problems.
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Check out all of Fareed's Washington Post columns here:
Obama as a foreign policy president?
Why Snowden should stand trial in U.S.
Hillary Clinton's truly hard choice
China's trapped transition
Obama should rethink Syria strategy
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