Over at "Jakes Economic TA Funhouse" Jake (whom your's truly does not know) goes off about why the stories in the news lately about "shortages of skilled workers" blow my gasket.
His post is located here: http://jakehasablog.blogspot.com/2012/07/corporatist-greed-causes-skilled-worker.html
Seriously though, I fell like putting my head in a vice every time I see stories about good paying manufacturing jobs going unfilled. We do have a problem with getting people into those fields, but solving it doesn't mean telling people in high school that "Universities and College aren't the answer" and it certainly doesn't mean talking up wages that are below $40,000 a year.
If we are hanging our laurels on that as a nation about how "great" manufacturing jobs are... I gotta wonder.
Jake points out how Economics 101 pretty much can solve why we have the problems we have. Furthermore, as someone who presently is working in "manufacturing" I can tell you that the perception that it's low pay work is not that far off. I can also tell you that terms like "Mandatory Overtime" does nothing to promote people from getting into that line of work.
To hell with Herman Cain (remember him?) and his 9-9-9 plan. I want the 8-8-8 plan back. 8 hours of work, 8 hours of leisure, 8 hours of rest. What happened to that plan? (Is the answer greed?)