How To Improve The Economy: CREATE NEW JOBS

[Yavin4]

Which begs the question, "How do you create new jobs?". By developing new technologies. Whenever we create new technologies, we create entire new industries which create new companies and those companies create new jobs.

Now, that begs another question, "How do you create new technologies?". Through direct and indirect government investments in Research and Development of new technologies. How did we get the internet? It was a military project. (See Internet's wiki page: http://en.wikipedia.org/wiki/Internet). That project lead to the development of an entire industry which created middle class paying jobs for millions of Americans

The government needs to fund a series of new technology projects in IT, energy, and the environment. This funding can be through direct and indirect subsidies to businesses, universities, and even individuals. Yes, the majority of these projects will be failures. However, if we discover a new energy source, then our entire economy would shift for the better, much like the development of the automobile transformed our economy in the last century.


New technology creates new middle class paying jobs.