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The Myth of Job Creation in the U.S.

  • Broadcast in Culture
Mr Holipsism

Mr Holipsism


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Statistics show 80% of the work force in the U.S. are employed in the service sector. This sector is threatened not only by cheap labor overseas but automation technology as well. Even if the manufacturing sector were to increase in the U.S. human labor would still be replaced by automation technology. If automation technology continues to eliminate human labor by producing goods and services faster and more efficiently, who will be able to purchase the goods and services if no one is working?