How To Get Americans Back To Work: Advice For The President
As the 2012 presidential election enters the home stretch, there seems to be little doubt that jobs and the economy will dominate not only the presidential debates but also the national conversation. Just what should the next president do to get the national unemployment rate to below 8 percent, where it hasn't been since January 2009, the month President Obama took office?
According to a McKinsey study, "jobless recoveries" have become the norm since 1948. While it took about six months for the economy to recover from recessions through the 1980s, it took 15 months after the 1990-91 recession and 39 months after the 2001 recession; it's projected that it will take 60 months this time, in large part because of structural changes in the economy.
Perhaps as a result of both this jobs shortage and Republican presidential nominee Mitt Romney's private career as a management consultant at Bain Capital, the issue of outsourcing -- sending jobs overseas -- has re-emerged as a hot topic in this election cycle. How is outsourcing (also known as "offshoring") affecting job creation? What should the president do about U.S. companies sending jobs abroad?
What follows are a range of opinions on the subject that were shared with AOL Jobs -- from economists, union activists, executives and even a worker whose job was outsourced. After you read their ideas, tell us: What do you think the next president -- whether that's President Barack Obama or Mitt Romney -- should do to put Americans back to work? Share in the comments section below.
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Dan Fastenberg was most recently a reporter with TIME Magazine. Previously, he was a writer for the Thomson Reuters news service's Latin America desk. He was also a reporter and associate editor for the Buenos Aires Herald while living in South America.
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