Moon shots and unemployment Essay Example | Topics and Well Written Essays - 250 words

Moon shots and unemployment - Essay Example According to the former president of United States, unemployment is not structural but it is largely due to the incapability of the firms to hire professionals suitable for the jobs. In other words, the people being hired are not competent enough for the jobs being offered to them. One of the solutions to this problem should be the development of a proper Human Resource system that would facilitate all the companies to hire people who perfectly fit in the given criteria. Job descriptions for each post should be developed and talent hunt should be conducted subsequently. However, the problem faced by USA is much more deep-rooted than this. While other developing countries like China are building on their core-competencies and looking for newer and bigger entrepreneurial ventures (for example, electric car manufacturing), USA is spending billions in Afghanistan. This is very dangerous for the country. USA should therefore invest in discovering new avenues for economic growth, rather than being so politically active in wars all around the world. Otherwise China will become an economic superpower in the upcoming years and USA will be importing products like electric cars from