“We were reminded (June 4) that in a post-bubble credit collapse, economic recoveries are typically fragile and susceptible to periodic setbacks,”
David Rosenberg, chief economist at Gluskin Sheff
And that is the angle I really want to take in pushing the notion of any sort of green technology. They have to build the heavy parts for the windmill power here because of the cost of shipping and the availability of training for the right skills, so let's get to work on that. A123 claims they were unable to set the factory for their battery up right here, but I'm not sure I believe that.
What I do believe is with the right batteries in particular, and other advances in general, the green technology jobs aren't already being moved somewhere else, so all these jobs are the shiny object/carrot on a stick that will peak interest. There's just not many people who are going to listen to the end of the world talk anymore. But everyone is listening when you talk about the end of financial security.
Nearly all of the new jobs since Obama took office are census workers, who'll be OUT of work again shortly. And roughly 10% of adults are enrolled in college right now, many of us for something to do more than anything else.
If A123 would have employed 3,000 people here instead of China. . . .
Yeah, I'm one of those underemployed people with little hope of working regularly, but I'm also one of the 'Lucky' ones, with resources SAVED and BUILT. (Make your own luck, etc.) Can't say I really feel secure. Especially when an economic apocalypse and environmental variances will mutate the unemployed into a ravenous band of mutant cannibals. (Ever see 'Night of the Comet?') Can't even depend on that type to eat each other first.