4 ms·
We've absorbed a lot of workers into lengthier education and various jobs programs (the MIC and the military itself; in the US, the horribly-inefficient healthc
by yamtaddle 4y ago
We've absorbed a lot of workers into lengthier education and various jobs programs (the MIC and the military itself; in the US, the horribly-inefficient healthcare sector) at enormous cost, following suspiciously well with the timeline of eliminating many of those other jobs. Would the US have seen such a great postwar boom if we'd disarmed again, or would unemployment have shot back up? What if we'd not had the GI bill to stick a bunch of 22-year-old ex-GIs in college for a while, keeping them out of the workforce? If a four-year degree hadn't become the new high school diploma, and wasteful healthcare spending not expanded and funded tens of thousands of jobs that aren't a net-benefit to society, right around the time computers began automating away a lot of jobs? I wonder.
IMO we're paying through the nose to keep all this automation from being a disaster, we're just doing it in ways that aren't as obvious as an outright, robust welfare program.