Compared to prior recessions, something is definitely different this time. If you've lost your job, it is harder than ever to replace it. The New York Times reports that 6.3 million Americans have been unemployed for six months or longer, more than double the next-worst period, in the early 1980s.
Tighter credit, outsourcing, globalization, and productivity-enhancing technologies have played a role-and each is here to stay. As a result, many older employees are delaying retirement, making it increasingly difficult for recent graduates to enter the workforce.
Voices across the political spectrum agree that America desperately needs private sector job growth, and many are calling for change. In a recent USA Today editorial, Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, calls for two different public-school programs: one for employees and one for entrepreneurs.
Mr. Kiyosaki writes, "If I were running America's school system, I would create the U.S. Business Academy for Entrepreneurs, modeled after our federal military academies. Admissions would be via congressional appointment along with nominations from community business leaders."
To read the full, original article click on this link: What America Needs: A Bumper Crop of Young Entrepreneurs
Author: Dr. Craig Columbus
