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A comment on The Next Industrial Revolution Could Put Millions Out of Work. Parent comment

Re:The Next Industrial Revolution Could Put Millions Out of ... by eli_gottlieb on Thursday September 29, 2016 @10:35AM (#12605527)
>I'm not an economist but every other time similar things have happened in industry the economy has balanced out.

"The economy" did not "balance out". "The economy" is not an active agent. The economy was politically managed -- for instance, via the Fed's original mandate to encourage full employment. What prevents similar management taking place today is ideological opposition to it.

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Re:The Next Industrial Revolution Could Put Millions Out of ... by daniel_levine on Thursday September 29, 2016 @11:18AM (#12605925)
The Fed adding improving employment to natural zero to it's mandate post Great Recession alongside controlling inflation, seems to imply that the ideological opposition isn't that strong.
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