Internet pioneer and permission marketing author Seth Godin wrote on his blog the other day that there are two kinds of recessions. The first is cyclical, pat of the natural order of things, and has a definitive beginning and end.
The other kind is permanent, where jobs go away and don’t come back. Ever. That second one he opines is what we are in now. That systemized jobs that can go overseas have, and will continue to do so, and that we should face that reality.
What do you think should or can act as infill in terms of replacing those jobs? Or is there a wide swatch of the middle class that will simply be unemployed or underemployed forever? Watch the video and then let’s discuss.