Saturday, May 24, 2008

unemployment and welfare: government costs and a non-profit approach

Bill Drayton, the founder of Ashoka in the 80s, reported the following statistics in his short acceptance speech:

"The payroll taxes have gone from 1% of federal revenues to almost 40%...
It costs us about 40 million full-time equivalent jobs. We have about 70 to 80 million full-time people equivalent who would like to work who are not, which is 10 times the official unemployment rate." (More good info here.)

It is so good to find someone of his stature recognizing the drag this creates on our society. (Can you say "wet blanket"?)

Even better, he's chairman of Get America Working, a non-profit aiming at helping all Americans work. Fantastic! (While I'm at it, he also mentioned Youth Venture that is training youth "change-makers".)

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