In early 2010, the US economy sits in its most precarious position since the Great Depression of the 1930s. At its height in 1933, 25% of all workers and 37% of all non-farm workers were completely out of work. The unemployment rate in the USA is now over 9.5%.1 As Figure 1 indicates, when the US economy spirals into severe recession unemployment cascades up as well. Periods of recession coincide with significant rise in unemployment and the two forces feed on each other, taxing economic systems. When consumer spending declines and capital (stock) markets endure significant loss unemployment spirals upward, earned income tax revenue declines, government expenditure on benefits for the unemployed increase, consumer spending declines further and sales tax revenue declines. Housing values decline in a recession which causes property tax revenue to decline which causes a shortfall in municipal tax revenue so city budgets do not balance, so more unemployment occurs, now in the public sector. The US and the world economy in general are still in the throes of such cataclysmic events even while this is written in the summer of 2009. Europe’s economy continues in a similarly dire situation with overall unemployment at 9.5% for the European Union as of May 2009.2 Interestingly Australia unemployment hovers in the 5.8% rate range.3 The crash of the US economy has reverberated throughout the world and adversely impacted virtually every other economic system on the globe. This sad fact is well known and undisputed by economists and social scientists throughout the world. The US Congress sits as this is being written (in the summer of 2009) and debates an almost 1 trillion dollar healthcare package to assist (in part) in bringing the US economy out of crisis. On February 17th of 2009, US President Obama signed into law an $800 billion plus stimulus package. Significant debate in the USA continues as to whether the immense government spending (and attendant increase in debt) has done any good. Britain, Germany and other world powers are undergoing similar investments and debates. Hundreds of millions of these dollars are earmarked for projects to increase employment and increase the human capital (HC) of the world labour force on programmes such as educational loans and subsidies.