DAVOS: "Recovery talk ignores jobs crisis: Davos delegates"

CNBC/VIDEO FROM DAVOS:

GLOBAL UNEMPLOYMENT IS UP 5% AND IT'S GOING TO KEEP INCREASING, AND IT'S ESPECIALLY BAD FOR YOUTH.

GROWTH IS THE ANSWER, NOT REDISTRIBUTION SCHEMES.

BOTTOM LINE: 

• WE NEED MORE GROWTH, NOT BETTER DISTRIBUTION/REDISTRIBUTION.
• WE NEED TO GROW THE PIE, NOT SLICE IT DIFFERENTLY.

REDISTRIBUTION POLICIES ARE DIFFERENT THAN GROWTH POLICIES, AND REDISTRIBUTION POLICES EVEN SLOW GROWTH.