General Discussion
In reply to the discussion: My kid's generation doesn't really have a shred of hope, does it? [View all]bhikkhu
(10,789 posts)100 years ago a significant amount of farm labor was being replaced by machines. Over 50% of our population was involved in farming, we had a very high birthrate and a very high immigration rate, what were all those people going to do? 60 years ago we had a significant amount of the population involved in manufacturing and still a high birthrate, but the planet was rapidly industrializing rapidly, exports were declining and imports of cheaper good was on the rise; what were all those people going to do? 40 years ago we had a very large number of office jobs, but predictions were that computers were going to make much of that irrelevant...and so forth.
Good news is that college attendance rates are at an all time high, our manufacturing output is still very high, our birthrate is very low, our economy is stable, new technology and challenges tends to create new industries and jobs, and an educated and motivated workforce tends to get the job done. Inequality here is not good, but that's skewed by how rich the rich are, not by how bad our median wages are (stable for 40 years).
I have to go to work now or I'd write more.