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This is zero sum thinking, and it's been pretty thoroughly debunked. We have more people in the US than in 1960, and far more programming jobs.
by davidw 5y ago
This is zero sum thinking, and it's been pretty thoroughly debunked.
We have more people in the US than in 1960, and far more programming jobs.
- kfprt 5y agoMore people and fewer of them are in the labor force than in living memory. https://fred.stlouisfed.org/series/CIVPART https://fred.stlouisfed.org/series/CIVPART I should also note this isn't the 1960s when women were stay at home moms keeping the participation rate down. No, now it's just the nasty kind of unemployment where people are barely scraping by because single income with kids isn't middle class anymore.