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This American mentality of "the big entrepreneurial idea" that produces some millionaires is why we have such a lousy unemployment rate and low skill workforce
by rubashov 15y ago
This American mentality of "the big entrepreneurial idea" that produces some millionaires is why we have such a lousy unemployment rate and low skill workforce compared to Japan and Germany, not to mention huge trade deficits. The problem is that the first generation idea stuff isn't where the jobs and long term money are. The long term social benefits and sustainable jobs are in perfecting and iterating products and production methods.
http://www.oftwominds.com/blogjune11/manufacturing-finance6-11.html http://www.oftwominds.com/blogjune11/manufacturing-finance6-...