the problem is the GOVERMENT of the usa. all the rules and regulations have caused companies to go off shore for the past 60 years. now the factory's are gone and so are the people who worked there. the cost for retooling would not be a problem but the rules are more than in the past and them of course there is obamacare. even if our educational system were good it would not make a difference, there is no place to get a job. I believe a book was written on the subject of the economy dying and I believe many of you have read it, ATLAS SHRUGGED;. need anyone say more. What Emanuel is attempting will yield "0".

Get government out of the way. It's simple and it works. Great post.

The foundation for any economy is the system of government. If we have seen anything from the annals of history, it is that the freedom of the market is inexorably tied to the freedoms of the individual people that participate in that market, and this a product of the freedoms - and responsibilities - enumerated in their system of governance.

The trick to any government and its resulting economy is in finding the balance between freedoms and responsibilities. If the economy is staggering along, one only need look for the heavy hand of government to see the cause. Excessive taxation is a huge barrier to business growth and development. So too are regulations and bureaucracy (see this brilliant example by Mike Lee http://www.theblaze.com/stories/2014/01/...).

Want to create jobs? Get government out of the way and let the inventiveness of the masses go to work. Attempting to confine inventive thought to the royal class is to limit that nation to the whims of the rulers, and as it is painfully obvious to any objective observer, government tends to be made up of the dimmer bulbs - not the bright ones.

Solution: limited government, limited bureaucracy, and limited taxes. The trick is in getting that implemented in a democratic republic that wants more and more handouts rather than more and more personal responsibility.

Unfortunatly American mainline religon is full of religeous lefties that have the christian concept of charity mixed up with the government run social welfare system which we all know is essentially theft.

The key sentence in this article is...”The Organization for Economic Cooperation and Development found last year that we actually spend more than any other developed country per student. “
All the US public school system is for is to provide a living for "Educrats" I have thus far paid for 36 years of private education an college for my 3 children as the public system is a disaster. Even in a private school you have to watch what is being taught as the teachers there come from the same university liberal cesspools as the public school teachers come from. Even at a church run school the liberal bias creeps in.

The bitcoin woman who died under mysterious circumstances lived in Singapore.

There are lots of different kinds of jobs out there that need to be done. I am a system automation guy ( coding myself out of a job ) Meanwhile my wife is a chocolatier and pastry chef. Folks have tried to automate the kind of work she does,, but that has pretty much failed. Now, in my world it is amazingly difficult to find qualified candidates to do what I do. The result is good pay, and I can expect to hear from a recruiter wanting me to move to another part of the country a couple times a week. Now, you would think that it would be different where my wife works.. That would be wrong, very very wrong. While they do not have much trouble putting stupid people to work in the front of house. Or industrious but poor at math to work doing the assembly line Viennoiseries work. But that leaves a lot of high value add work that must be done. Being able to do that involves a pretty difficult set of skills. My wife needs to be good at chemistry ( welcome to baking ) as a result math along with having a decent understanding of the customers enough artistic talent to decorate cakes and a well developed pallet for testing and new product development. From what I have seen over the years the public education system sucks at making engineers, and bakers. The public education system was mostly designed as as warehouse system for producing assembly line workers. The only system the country has ever had that was worth anything was the old country one room school system that my dad started out in. Out in the country students were not expected to grow up into assembly line workers. They were expected to grow up to be farmers. The first most important tool possessed by a successful farmer is his brain. One room schools were designed to actually encourage the development of exactly the kind of mental skills we now are in desperate need of.

it's true. bait and switch. exactly

You make good points. One place we order pizza from started charging a delivery charge. Just like the o'care charge I wonder if some people will reduce the amount of tips they leave.

yes, double" tax".

Great points Kh. Education is a piece of the puzzle. I still think stifling regulations and obamacare are the main reasons. Just announced in our area that some restaurants will be adding a surcharge to cover obamacare costs.

And governemnt is micromanaging too many aspects of it.

It's a great article about the state of our education system, I just disagree it's what's holding back job creation.
Job creation comes from increases in the level of a nation's technology. Single most important driving factor. Second, are startups. SBA says that all net new jobs are created by small businesses-most in high technology. Most of those jobs created are high skilled: engineering, programming, business.
Disruptive industries (brand new, never before existed with the potential to cross over most other industries-think 3D printers, nano tech) explode exponentially and create the most jobs. BUT
1.you have to be able to raise capital-venture firms invest at 30% of the levels of investment at the beginning of the last decade
2.regs such as Campaign Finance, Sarbanes-Oxley etc. stop startups in their tracks from going public.
The idea that a city government can "build it and they will come" is nonsense. This is going to be a tax credit grab for some multi-nationals who'll go into Chicago-hire, take the money grab and pull out a year or two later. Happens all the time-and it's always the big boys doing it.
The US still has 1/3 of the top 30 engineering universities in the World. INteresting to note that while we have over half in the top 10, Singapore -yes, that teeny tiny little place has 2 in the Top 11.