Thursday 2 July 2009

The Hard and the Easy: Why the West Needs to Think About the Direction of Economic Growth and Choose the More Difficult Path.

Unemployed technology and technologists not the banks are at the route of our economic ills. Overemployment in easy tecnologies of construction have been the wrong direction of growth by many economies. Short term profits and capital gains are not the way to run an economic system. There needs to be leadership towards the development of new industries within hard technologies rather than the easy peasy products that is driving western economies into penury. Growth by inflation in housing sectors and rralestate speculation is no way to manage an economy. Low interst rates indicate failure to choose the right direction of economic growth. Governments appear to be addicted to corruption of the politicians who have become specators of inflation rather than working to increase employment in new more difficult industry. Where is the leadership in spending taxes raised fr gambling, drugs, housing inflation, co2 pollution of or environment? Where is the incentive to keep people employed in the more difficult agricultural practices that are environmentally friendly? Who is directing the directions of economic change into the more difficult industrial or agricultural paths that we need to explore?

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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!