John Lee ([log in to unmask]) wrote:
: At 02:54 PM 2/1/02 -0500, MIKE STEFFEN wrote:
: >It's not an entirely comfortable thing to sit down in a classroom where
: >most of your fellow students are the age of your kids.  But I think it's
: >going to become more and more commplace.
: >
: FWIW, I'm on the board of a 2 year technical school here in Minneapolis,
: and we have an MIS program among others.  Many of those in the MIS program
: are not kids, so don't think that if you go back to school that you'll be
: the only one over 30.  And if anything, I wouldn't be surprised if this
: program soon became flooded with "older" students.
:
: John Lee
: Vaske Computer Solutions

And who pays for such retraining ?  Some people are being laid off with
NO severance pay.

Mr. Greenspan espouses that private industry is already engaged in
retraining. He must mean that private trade schools are providing
courses for displaced workers who can pay their own way...

   http://www.federalreserve.gov/boarddocs/speeches/2001/20011024/default.htm
   http://www.iie.com/papers/greenspan1001.htm

   GLOBALIZATION
   by Alan Greenspan, Chairman
   Federal Reserve Board

   Speech at the Institute for International Economics'
   First Annual Stavros S. Niarchos Lecture
   24 October 2001

   [snip]

  "Nevertheless technological advance and globalization distress those who
   once thrived in industries that were at the forefront of technology but
   which have since become increasingly noncompetitive.

   [snip]

   Rather than inhibiting international competition to assist those displaced
   by "creative destruction," we should be directing our efforts at enhancing
   job skills and retraining workers-a process in which the private market is
   already engaged. If necessary, selected income maintenance programs can be
   employed for those over a certain age, where retraining is problematic..."


--Jerry Leslie     (my opinions are strictly my own)

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