Re:Unnecessariat
by api on Tuesday May 24, 2016 @08:26PM
(#11766738)
I feel like calling citation needed on imports. Outsourcing is massive, and far larger than automation.
[ Parent
| on HN ]
The tractor took the jobs of 70% of the US population, and the US is still a net food exporter. If we're talking about job destruction, nothing is more massive than the tractor. (I'm metonymically including the attendant Green Revolution technologies, which also don't depend much on imports — the US makes its own ammonia, too, and in highly automated plants.)
From the Federal Reserve Bank of San Francisco:
[1] http://www.frbsf.org/economic-research/publications/economic...