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That’s what scares me. I actually don’t think we have the type of productivity in our country to be so aggressive with awarding ourselves debt. Our major growt
by runawaybottle 5y ago
That’s what scares me. I actually don’t think we have the type of productivity in our country to be so aggressive with awarding ourselves debt.
Our major growth industry mostly makes apps. We don’t even have a proper semiconductor industry in America. People are getting older. Where is all this productivity going to come from? From everyone switching to web development and making more TikTok apps? That’s the productivity that we think will pay trillions of dollars worth of Medicare/social security? I don’t really see it.
I just read a wsj article about how men have pretty much stopped going to college:
https://www.wsj.com/articles/college-university-fall-higher-education-men-women-enrollment-admissions-back-to-school-11630948233 https://www.wsj.com/articles/college-university-fall-higher-...
What is this productive future we are envisioning here? Bunch of SaaS apps?