Let's check out some numbers. There are, right this very moment, more than a billion computers worldwide. Two hundred million televisions were sold is 2009 alone. Eight million dashtop GPS units were purchased in 2008. One hundred and ten million digital cameras were sold in 2009. Apple blew out 20 million iPods in just the first quarter of that same year.
But a national debt of more than $14 trillion makes us vulnerable because our economy is the wellspring of our military might, as well as the happiness and self-confidence of a fully employed people.
This report makes the case that we should create jobs for the unemployed directly and immediately in public employment programs that produce useful goods and services for the public’s benefit.
A picture of the current state of the private retirement system, why this picture bodes ill for the future of retirement in the country, and why that system needs reform.