Unemployment is Unfortunately Here to Stay

Unemployment is a terrible reality in the United States, and it is not going to improve in the near future.  My greatest criticism of President Obama is his resistance to telling the public that he cannot fix the unemployment problem.  American companies outsource work to make earnings.  In a capitalistic society, companies must get the best labor for the cheapest price.  Right now China and India have citizens that will work for $10 an hour without benefits.  They provide quality work around the clock.  In addition, technological advances have reduced the number of high paying blue collar jobs which cannot be outsourced.  My hope is that the President will honestly state the unpopular truth.  We must pursue education in technological fields and restore our position as the most productive country in the world.  America is without question the best place to live on earth, but we must stop blaming others, face reality and relentlessly pursue fields that will provide work for the next several decades.  Do you Agree?