Comments on: Even the IMF now agrees it’s all about jobs, jobs, jobs http://blogs.reuters.com/chrystia-freeland/2011/03/07/even-the-imf-now-agrees-its-all-about-jobs-jobs-jobs/ Sun, 28 Jul 2013 14:34:09 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: TorranceMS3 http://blogs.reuters.com/chrystia-freeland/2011/03/07/even-the-imf-now-agrees-its-all-about-jobs-jobs-jobs/#comment-1038 Fri, 11 Mar 2011 23:45:05 +0000 http://blogs.reuters.com/chrystia-freeland/?p=889#comment-1038 Chrystia,

The need for jobs has many aspects in economies all over the world. We have recently seen how the lack of wealth in lower income tier levels can cause dramatic political instability. Although events in the Middle East may not be directly related, it seems that a deficit in consumerism causes economies to fail. Is this because our economic structures rely on infinite growth? If so, how long do we expect internal social and political structures to last before resources are exhausted and an increasingly large population acts, irrationaly or not, against these structures?

Western society is technologically sophisticated and we enjoy many benifits from the production, distribution, and infrastructure we have created. When resources are used up, when youth cannot find work to afford to carry the burden of caring for the elders, and the distribution of wealth between levels of society is even wider than it is now, can we forsee events in the United States parallel to those we see in the Middle East?

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