I totally support the direction we seem to be moving under Trump.
But people do need to think about a few things:
1) Quite a number of Americans are in do-nothing jobs of one sort or another. There are classic jokes like: “How many people work in your office?” “About a third.”. Can this continue?
2) A fair amount of work is done by illegal immigrants. After they leave, the work will remain.
Conclusion: Automation will increase, wages will increase, cost of some products will increase, and some people in do-nothing jobs will end up doing what some of those illegal immigrants used to do (cleaning bathrooms, picking fruit, whatever).
I don’t say any of this is wrong or even unfortunate. But people need awareness that changes are coming. I think it’s best if people on Welfare have to go out and do the work, but I don’t think that is a full and complete solution.
What you describe below has been happening since mankind created a society of workers and ???.
The Pareto principle:
Demystifying the 80/20 rule: How to apply it to workplace productivity
Dec 2, 2014 • Nada Aldahleh
The 80/20 rule (also known as the Pareto principle) is a well-known rule used across different fields. In simple terms, the 80/20 rule states that for many events roughly 80% of the effects come from 20% of the causes. For example 80% of your profits come from 20% of your customers, 80% of your bugs come from 20% of your code, 80% of the crashes come from 20% of the drivers, etc. This phenomena has been observed across many unrelated fields including business, economics, software, health & safety and others. Isn’t it interesting how one rule can apply across so many unrelated fields?
The Discovery:
The Pareto principle was named after the man who discovered it, Vilferdo Pareto (1848-1923), an Italian economist and sociologist. He first observed the 80/20 rule when researching and analyzing wealth and income distribution trends in Europe. He noted that broadly 20% of the people owned 80% of the wealth. He also then realized that this ‘predictable imbalance’ can be extended to illustrate that, for example, 10% would own 63% of the wealth, and 5% would own 40% of the wealth. Mathematically, the 80-20 rule represents an example of a power law distribution (also known as a Pareto distribution) for a particular set of parameters.