Wednesday, August 24, 2011

Job Destroyers

I was looking around the 'net and for some Vonnegut material and came across a review of Player Piano

Remember the days Greenspan would trumpet productivity improvements brought on by the internet as a key factor in maintaining benign inflation during economic expansion?

It was a great time.

But these days, productivity gains brought on by the net as well as other technological advances only serve to exacerbate our nation’s inability to improve employment.

In other words:

If it weren't for farm machinery we would all have jobs.

Cross Posted at Classical Values

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