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Look at the Palestinians with the huge, huge percentage of unemployed. What does that breed? Anyone who's unemployed in the world, you feel there's no meaning and there's a risk that you drift over to something desperate. Yes, we have to tackle the social problems as well. ↗
I talked to a lot of employers who just are, are fearful of what's coming next out of Washington. It's all the spending, it's all the debt. It's their national energy tax, they want to call it cap and trade - more mandates, higher costs, more taxes. Their healthcare bill - more mandates, higher costs, higher taxes. ↗
With rising incomes, the share of expenditures for food products declines. The resulting shift in expenditures affects demand patterns and employment structures. ↗
