Sunday, February 03, 2013

Real Job Killing Policy

The real elephant in the room:

Help no longer wanted - Republican American 2/1/2013

The Republicans and Democrats can argue till they are blue in the face about whose policies are killing jobs, but the real answer is in the article - Technology.

In recent history, we have had a similar change in our society, during the Industrial Revolution, when people left farming to go work in the factories.  The problem this time is that there is no alternative for people whose jobs disappear as the new jobs are for robots!

Short term, both the Republicans and the Democrats know that increased taxes and government spending will ease the transition, but the question still is "What work will the majority of people do that creates value?"

This is the question we need to be asking - this will also be what drives government health care (even if run by private companies with will be highly regulated) or will we decide to accept 10+ unemployment as normal  and just keep paying people who cannot find work?  NOT!

Chris Z

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