McKinsey Global Research just came out with a study dealing with jobs in America, “An Economy That Works: Job Creation and America’s Future.” McKinsey loves to put put these big studies. It gives them the imprimatur of Big Thinkers and attracts clients. But in this case especially, they repackage the conventional wisdom and layer on [...]
Does anyone seriously believe that the reason we have high unemployment in America is because we have a substandard infrastructure?
Apparently the politicians in Washington believe that is so because they are trying to make a case for massive infrastructure spending in order to “create jobs” and to “prepare our economy for the 21st Century.” [...]