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by la6471
2084 days ago
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No that is short term outlook. You need to look long term. But I agree the pain of losing a job is real and that’s where UBI comes in. UBI (Universal basic income) is a must because job losses are inevitable wether due to automation / offshoring / health issues or skill shortage. Where will the money from UBI come from? From the companies that profit because of these mechanisms. Tax them , tax the ultra rich folks. If humanity has to continue its progress in the current path this has to be the future. If you have an alternative in mind please share. |
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This is the equivalent of a ponzi scheme if you think about it - unsustainable.
US is a country, not a company - citizens are non-voluntary members - some of them have ancestors that served and died to make it what it is. US did not magically become an epicenter of innovation where Google could be created, it took the whole history of the country to get to this point.
If "more efficient economies" were about to take over, people would stay home. folks continue to come to the US because it is still best here.
some of the "more efficient economies" come from are growing by widescale industrial espionage, made easier by lax controls on intellectual property. People still come here.
Other emerging economies have almost intractable demographic issues that only so much hope can address.
The US would be well served to not blindly repeat the mistakes of other countries for the sake of short term economic gain.