>It would be perfectly possible to retrain the long term unemployed for all but the most difficult design and management elements. They're not done because the

>It would be perfectly possible to retrain the long term unemployed for all but the most difficult design and management elements. They're not done because the metrics of Wall St deem them "not profitable" - which means traders can't make quick gains out of them. Part of the reason that training is not profitable is that there is no real way for companies to recoup money spent on it. If you spend large amounts of effort training someone, you still have to pay them the same salary as someone already trained, or your competitors will hire them away.