No country can afford wasting its human resources

These times are troubled times for the global economy and the United States. In the US, the main challenge is neither greedy banks nor competition from China, but the underlying fear that prevails the society and economy. This country is built on everything but fear; bravery, boldness, passion, and energy. What Franklin D. Roosevelt, almost 80 years ago, depicted as a worst-case scenario is nevertheless sneaking into the minds of Americans: “The only thing we have to fear is fear itself” (FDR, 1932). The most important job of the American Jobs Act is to remove fear. A sustainable way to remove fear is to provide people with good and secure jobs.

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