I think I have the answer to why they cut job training, and that is, they do not know where the jobs are coming from and what to train people for. First, we have lost the service industry. We have lost manufacturing, and we are outsourcing high tech. What is left? We had a hearing several weeks ago with Alan Greenspan, and we talked to him about the economy and job losses. I asked Chairman Greenspan, What do we tell our young people? How do we tell them to play by the rules, go to school and develop some skills and some know-how because there is a job at the end of the road? And he could not answer that. We asked where the jobs will be in the future, what industries, what sectors do we train people for? In what regions, and what jobs are going to be available in 2 to 3 years? And there was no answer for that question. I suspect the reason they cut job training is because they do not have a clue what kinds of jobs are out there in the future to train for. Mr. Greenspan indicated if he did not believe those jobs were going to be out there, he would be as upset as I am, and he believes they are out there, but he never told us where.
Editor's note · Context
Discussing the lack of job training and future job availability during a speech on the economy.
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