Election reflection: It's the economy, and we're *all* stupid

Our son had a few words to say regarding promises made by both Trump and Clinton to try to return jobs to the United States.  And those words were, "Most of those jobs no longer exist--if we force the jobs to move back here, it's going to be cheaper to use robots than to hire people."

The U.S. in particular, and the world in general, has not yet figured out how to handle a society in which there's literally not enough work to go around because so much of it has been automated.  Only so many people can be employed by the so-called "service sector," and "service" jobs don't pay nearly as much as the old manufacturing jobs.  So where do we go from here?  I'm afraid we'll just have to stay tuned--nobody knows yet.

Our son recommended that I watch this video, and I'll do the same for you:  See Humans Need Not Apply.  If you'd rather read about this economic challenge than watch a video, try Post-scarcity economy, which also contains links to some books that our son recommends.