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by cashsterling
320 days ago
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I always try to communicate a strong sense of hope to my teenage kids.
Many nations have an inverted population demographic, including the US (especially without immigration). I think the US is "as little as 10 years" away from a significant skilled labor shortage. |
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People forget that our skilled labor force exists here because we have the resources to demand it. If we actually run this country into a ditch like it looks like we're trying to do, there is no reasons those jobs don't go to higher demand countries like the Nordics, China, or even just Canada.
I think we'll be okay, but everyone is treating this outlook like it's a speed bump, when the consequences of wrecking your economy is a cascade of politically difficult problems that create incentives against investing in the future: see Argentina and Japan.