I hate being a pessimist. But if we continue to incorrectly view today’s problems through either a business cycle or deficit-reduction lens, our nation’s job generation will fall woefully short of what our nation needs and our children deserve. In moving from the closed markets of the Industrial Age to the open markets of the Information Age, the labor force grew from millions to billions. Unless physical proximity is required for an exchange – grocery stores, barbers, nursing– any service, product or product component can be produced offshore. Even a C student in Economics 101 could predict falling US real wages and a shortage of good-paying jobs. Welcome to the US in 2011. Despite enormous growth in GNP, wages and average family income are stagnant. Our distribution of income and wealth has dramatically worsened as Information Age winners leap past the losers. The…