October 01, 2013
Yes, we all know that income inequality is due to the hollowing out of the middle. Technology is destroying the jobs that used to support the middle class. Somehow technology doesn’t destroy the jobs that pay people in the financial industry millions and tens of millions a year to do absolutely nothing useful as consultants to pension funds. It’s hard to believe that anyone would take this technology story seriously if it were not so appealing to the rich and powerful.
Comments