Did tractors kill employment?

Larry Janesky: Think Daily

100 years ago, most people used to be employed growing things. Now we have tractors and combines that do the work of 1000’s people. Just as we have computers and other machines that do the work of tens or hundreds or thousands of people. We carry supercomputers in our pockets. Over the years, imports from other countries have increased. Did any of these things kill employment in the US as some would claim?  

At 5% unemployment, apparently not.  Sure there have been changes and redeployments. Today, we just work doing different things.  We have deployed our human capital in areas where we can get the most productivity, and productivity has gone way up.  

One thing is for sure, our standard of living is higher than it has ever been; not just in the US but around the world. Our lives are easier than ever, and we can buy more for our money – for our comfort and entertainment.

Only those that want things to be the same for the rest of their lives have reason to fear.

Bob Ligmanowski

I think your right! Just like the “oil shortage”, we just started making electric cars :)) . We must change and adapt (easier said than done I’m sure)

Jay O'Brien

So very true Larry! My favorite recent saying on change and peoples resistance is “the only one that actually enjoys change is a wet baby”
The other one reflects what most people’s philosophy is about change “Oh yeah, I love change. You go first!”

Tom DiGregorio

Hey Larry- thanks for the shout out.
I’m getting married in February!!

Chris O'Hara

Yes, but our we healthier, happier more fulfilled? Do we have the wisdom to know the changes that will enhance our lives? Or living in a mythology that the newest technological device will do it for us?

Lawrence Bergen

Maybe but they did cause the Great Dust Bowl.

Lawrence – Thanks for the interesting blogs and continued advice. Even though I have not worked for you since 2010 I still learn and grow from you and your experience.

Be well.

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