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Q&A: Perspective on the Economic Recovery
I don’t dispute your viewpoint, Tammy, but would add that (as an economist) the period of economic recovery will be long and fragile. Many Boomers (I’m 54) have already decided that they will have to work for much longer, especially with their 401Ks having melted away. The emergence of tough global competitors will add to the problems, not to mention the massive US debt. I’m not as optimistic as you are, unfortunately.
Jim
Hi Jim,
Thanks very much for sharing your perspective. I do agree that the recovery period will be long, in large part because we are working our way through a structural change in the economy. I don’t think manufacturing jobs will return in significant numbers—and opportunities for individuals without a college education will remain limited. I am optimistic, however, for a growing demand for individuals with relevant knowledge and expertise.
Best,
Tammy
Filed under: Surviving in Today's Economy | Published: 01/16/11
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