RE: Where to now?

>There is one and only one factor that creates jobs, and it is not wealthy
people. That one factor is 
>customers. 

I differ here.  Not that middle class consumers are not more important than
the top 0.1% getting more money, I agree with that.

But, Clay's article is deeper than that. Look at all the jobs that existed
in 2000 that didn't exist in 1900. They employ most of the people now
working. The reason for this is whole industries were developed from
disruptive innovations.  But, since we have't had an earth shattering
disruptive innovation in more than 50 years (for 50 years our ecconomy
boomed off the invention of the transistor), we are now at the point where
we are just more efficent build cars, drilling for oil, etc.  Thus, fewer
people are needed for the same job.

One potential disruptive innovation would be a process that coverts CO2, sea
water and sunlight into petrol, at a cheaper price than we pay at the pump.
That would create tens of thousands of good new jobs.  

But, the next ipad will not create many US jobs, no matter how many
consumers buy it.

Dan M.