From daemon Tue Jun 13 00:40 EDT 1995 Received: from mail04.mail.aol.com (mail04.mail.aol.com [152.163.172.53]) by town.hall.org (8.6.12/941123.08ccg) with ESMTP id AAA12791 for ; Tue, 13 Jun 1995 00:38:25 -0400 Received: by mail04.mail.aol.com (1.37.109.11/16.2) id AA095468415; Tue, 13 Jun 1995 00:40:15 -0400 From: R3Fern@aol.com Date: Tue, 13 Jun 1995 00:40:15 -0400 Message-Id: <950613004014_69616502@aol.com> To: jec@town.hall.org Subject: Joint Economic Committee-21St century economy Content-Type: text Content-Length: 2137 Status: RO Dear JEC members: I enjoyed watching a rebroadcast of your meeting in the 12th of June. I am a college graduate of 1993 and have felt the effects of the changing economy. As a matter of fact I have gained valuable insights in the past year as an anlyst at a management consulting firm in re-engineering projects. Yet I have yet to hear how this society is to help those the may be left by the 3rd wave economy. I feel that I too may be left behind even though I am a recent college graduate, in that I am not a computer nerd and can not afford a computer of my own. Also I agree with Mr. Toffler with respect to the edcational institutions in their failure to adapt to this new wave. I should know since I am a product of such a school system. Yet relative to other Americans --those above 35 years of age-- I should have the least to fear. Yet how is societygoing to help them. As Mr. Toffler astutely noted the politics of unemployment will no longer apply to THEM (low-income people, low-skilled workers, etc.) but rather to all of us who may have a high skilled but are ill-skilled to this new econmic order. Where is the government's role in this respect-- shall government stand-by and let the raw markets have thier way with them, or shall the government step in to re-train the American workforce (those of any age) to the new skills required in the new economy, as did the GI Bill of Rights as Mr. Toffler stated. Your comment would be deeply appreciated. On another note, a member of the committee stated that the US is one of the best classless societies. I completely disagree. The growing gap between the rich and poor in terms of income and wealth distribution seem to indicate otherwise. And with the changing economy, this problem may become worse. Yes, economic growth is a solution to such a disparity but only if it is coupled with a structural restructuring of the distribution of income and wealth to a more stable and equitable one. It's important that the economic pie become larger but also that it be cut more fairly and equitably. Ruben Fernandez 368 West 46 St. Apt. 3 New York, NY 10036