Whether or not the statistic is valid, is not my point. [Fortunately I am too busy to research and verify/disprove many of the statistics I read/hear, therefore am careful of the sources I lean on.]
My point is that the body of the article is pertinent to the title “No Demand for Skilled Jobs: Millions cannot find work because the jobs simply are not there”.
The statement "I think I know where the real gap is: According to Credit Suisse, if wealth were evenly distributed across every adult in America, each adult would have $301,140. "…. comes out of the blue. It is not pertinent to the previous content. It does appear to be a socialist progressive plug, oddly placed and not at all developed.
If I were to pursue another thread to this article, it would be found in my original description of my & my husband’s business model. We do not wait upon opportunity. We create it. And are always on the look-out for individuals who do, or are willing to do, the same.

It looked like Dean logged off so I pasted it. The article did mention supply and demand. They pointed out that wages were not rising which is what should happen if there was a limited number of skilled workers.

Mises explains in "Human Action" why it is never possible for working to become unnecessary, no matter how far automation advances.

There's nothing evil about the love of money, nor about moving to keep more of what you earn. I'd move too if I could afford to.

Even the STEM degrees are going up in price and down in value. Partly this is the universities dumbing them down to collect more federal subsidies (especially from students they know won't graduate), but it's also because universities have become so saturated with political correctness and "diversity" that their mission to teach is rapidly falling by the wayside.

I doubt that statistic. If you take unfunded liabilities into account, then everyone of us would be in debt.

You make some good points. But the main factors hurting the job market are that we weakened our patent laws and we made it almost impossible to raise capital for startups. As a result, there are almost no new technology companies, in fact the number of new business is not even at the replacement rate for those going out of business. All net jobs created in the US since 1972 were because of new businesses, and the quality jobs were related to companies creating or at least taking advantage of new technologies.

Yes I agree that we need to talk about commercial hi-tech companies.

Hmmm. Good points.

"I think I know where the real gap is: According to Credit Suisse, if wealth were evenly distributed across every adult in America, each adult would have $301,140. "
So (?). This statement is, at best, out of context with the article.
While reading it [the article], I am considering a comment: that my husband and I, both having multiple certificates and college units in technical fields but not degree'd, are entrepreneurial. We currently own two tech/skills oriented businesses, both est. in 2000. Though we occasionally consider it, the state we live in makes it too difficult to have employees. So we subcontract, including assisting like-minded entrepreneurial individuals to acquire their own business license. We are not interested in college degrees. We look for intelligence, common sense, and work ethic.
Our three sons, all with significant work experience, are currently pursuing technical degrees and intend to start their own businesses.
While, as the comments already posted indicate, there are a number of directions in which to take this thread: government structure & disincentive ie: taxes and regulations ; outsourcing ; automation ; service vs production ; Galtism vs restructuring government ; even social structure – that our sons and their friends are empowered by their observation of my husband and I in a team work relationship build our personal and business lives together…
I return to my original question “So (?)” - that an otherwise pertinent article end with:
"I think I know where the real gap is: According to Credit Suisse, if wealth were evenly distributed across every adult in America, each adult would have $301,140. "

yep. What did you say? What part of the article did you disagree with? I didn't see much in it I thought was deceitful or exaggerated.

Sorry, but this article is very much misleading and thus totally misses the mark.

Within a truly free market, wages are determined by supply and demand, that most-basic tool of economics. Ours is no longer a free market, and wages are set be government decree... the decree of your Rulers... and NOT by free market competition.

There is always plenty of work to be done, and thus always jobs for those who believe in jobs as the responsible way. Because your Rulers have interfered with the free market for Labor, it has been priced out of the market, which is the reason so many of America's industries have moved their businesses to other countries.

Another factor is the continuing inflation which runs rampant because of the Fiat Dollar.

This is really quite simple, If only the author could see that!

Your mention of hi-tech companies should be more specific to say "non-DOD-affiliated" companies. Apple Inc comes to the minds of most folk here. However, other hi-tech companies such as Northrop Grumman, Lockheed Martin, SAIC, Booze Allen Hamilton won't hire foreign workers (unless they're linguists) and those they do, are security cleared individuals.

You may be correct in saying YOUNG Americans have a negative attitude towards business, but keep in mind, those that do are often coming from the squishy background of liberally arts...NOT engineering.

Regarding mentoring: I have mentored many junior-level systems and budding security engineers ~ it's a part of the culture (not necessarily mandated by corporate values), but rather ingrained among those of us who served in the military and also its' the right thing to do. (Got integrity?)

Lastly, regarding the removal of willfully ignorant, stupid, demoralizing & unproductive Americans from the workplace: that's easier than you think...unless you're a member of a Union or a gov't worker then you are correct.

copy and paste it here

Manufacturing is not the answer that is looking backwards.

perhaps, but it also has to do with the fact that they can pay them less and because their green card is tied to their employer, they cannot change jobs.

"In the 1990s tech boom, only about 10% of people in IT jobs in Silicon Valley actually had tech degrees."
This is a telling and important stat. In db's first book, "The Decline and Fall of the American Entrepreneur: How Little Known Laws and Regulations Are Killing innovation," he shows that while he is all for cutting corp tax rates-that is not the key issue. Teh key issues are weakening of our patent system and the inability to raise capital for startups in the public sector because of laws like Sarbanes Oxley and related securities laws. ALL NET NEW JOBS CREATED SINCE 1972 COME FROM NEW BUSINESSES. The high tech businesses provide the high paying, high quality jobs-this is not about putting a Starbucks on every corner.

Not a good article. I made my comment at the source.

More evidence that the "recovery" is just smoke and mirrors.

The government has certainly made the thought of going to the gulch attractive with the confiscatory taxes and thousands of pages of regulations and rules. Somewhere "the love of money is the root of all evil" comes into play here. The companies move to make more money, not because other nations have better workers.

Go and get a degree in an area where there is no demand, but because it is easy to pass (basket weaving, general arts, etc.) and you only have yourself to blame. Get degree in a STEM discipline, where there is a demand, but these are not easy degrees to get, however your chances are greatly improved at obtaining a good paying job, with potentials according to your abilities.

Many of the hi-tech companies hire 80%foreign workers (mostly Indian). There are plenty of high tech jobs. Why do they hire foreign workers over American? The foreign workers frequently (not always) have a better work ethic. Skills are not an issue except that the foreign workers frequently mentor new inexperienced coworkers. Why hire an American if they have a bad attitude toward business in general? It may be difficult to get rid of an American if they are not able to do the job. That problem seldom occurs with foreign workers.

If it was only automation that would be bad enough. Coupling that with outsourcing the work to other countries, it represents far more than a bump in the road.

Manufacturing has been hugly automated, bringing us closer to realizing past futurists' dreams of a life of plenty where the machines do all the work. It is a tough transistion. There's no easy answer. My thought is to try to prevent the bumps in the road to automation from causing people to turn to socialism.