Submitted by Lennox, Oct 29, 2007 16:16

There are no shortages of skilled workers.

There are just too many stupid executives who prefer to steal employees from other employers rather than to train their own.

The American capital-inflow of the last few years has pushed up the American dollar and made it much more lucrative to count other people's money and to shuffle existing assets rather than to learn how to create new assets.

Now that a capital-outflow is driving down the US dollar shuffling existing assets is becoming less profitable and creating new assets is becoming more profitable and people will take more interest in learning those skills again.

However small businesses are much better at employing people who acquire their skills informally than are big corporations which need to see formal academic credentials before they will hire anyone.

In short, the marketplace will solve this problem on its own.

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