27.12.03

QUOTE OF THE DAY:
But America's long-term problem isn't too few jobs. It's the widening income gap between personal-service workers and symbolic analysts. The long-term solution is to help spur upward mobility by getting more Americans a good education, including access to college. Unfortunately, just the opposite is occurring. There will be plenty of good jobs to go around. But too few of our citizens are being prepared for them. Rather than fret about "losing jobs" to others, we ought to be fretting about the growing number of our young people who are losing their footing in the emerging economy.
That's former Secretary of Labor Robert B. Reich, in a paid Wall Street Journal column that Insults Unpunished helpfully quoted at length while providing useful commentary. The Reich essay provides some information that eludes Paul Krugman, in a lament about more rigid social stratification that neglects the failure of the schools to develop human capital as a contributing factor. Dan Drezner has been following commentary on the Krugman article and provides numerous links, as well as an active comments section.

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