[tpaine]

"Finding cheaper ways to produce goods and services frees up labor to produce other things."
-Walter Williams-

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Yep. Labor saving technology is developed in response to costly, labor intensive production methods.

So what's your point, Walter?
Did you forget that globalization is a regressive force that acts against technological development?
It continually substitutes ever cheaper labor to undermine development and implementation of more sophisticated (and expensive) automated technology.
Go back to watching the Oprah Show, Walter. Quit pretending that you're a "conservative" economist. Heck, you might as well quit pretending you're an economist of any type, for that matter.
-Willy-

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Willy, instead of bashing Walters logic, think about your own as regards to tech development..

Such development is a fact of life. - 'Slave labor' in manufacturing is dying out as it becomes cheaper to automate technology than to feed, clothe, & house the slaves.

Go back to watching the Oprah Show, Willie, until you formulate a rationale of your own on how we will deal with surplus workers in a high tech world. -- Can you even address the problem?
143 tpaine

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Uh, in idealized economic model, greater technology for production creates more jobs. Someone is needed to design, produce, and maintain the machines.

But Outsourcing to competing labor sources merely destroys the employment opportunities for domestic labor. This production diversion can have catastrophic effects on the U.S. economy in the long run. The negative multipliers for a national economy of outsourcing is non-debatable.
263 -Paul Ross-

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"in an idealized economic model"?

Seems that neither you, nor willy, can address the real world problem.

How will we deal with surplus workers in a high tech world.?

[FITZ]

Go back to watching the Oprah Show, Willie, until you formulate a rationale of your own on how we will deal with surplus workers in a high tech world. -- Can you even address the problem?

The Jerry Springer show would be better --- what do we do with the former assembly line workers --- and don't say they can all become health care workers or inventors.

[Willie Green]

'Slave labor' in manufacturing is dying out as it becomes cheaper to automate technology than to feed, clothe, & house the slaves.

Bulloney.
Slink back under your rock, tpaine, and wallow in your own bizarro interpretations of the Constitution.
At least when you do that, it's not quite so obvious that you're an idiot.

[XBob]

269- "How will we deal with surplus workers in a high tech world.? "

starve them to death?

[XBob]

269- "How will we deal with surplus workers in a high tech world.? "

starve them to death!

Yes, that's it - it's every man for himself, and they should have known better than to be born into a high tech world.