Warner's Home Entertainment Division Hit with Massive Lay-Off's

[HeavyHitter]

Originally Posted by CHEЯNOБLY!

It's not just about pure unemployment numbers, but the quality of jobs that are available. The areas opening up in tech, health care, etc. are not enough to offset the loss of middle class jobs in other areas, like manufacturing, which have disappeared in large part do to automation and the shrinking globe, i.e. it is just as easy to have someone in China manufacture something as it is an American, or how the internet makes location for a lot of jobs irrelevant. Couple that with a population that is ever expanding, you have problems.

The Industrial Revolution also caused massive pain to a lot of people.

I don't agree with some of the things (several flaws in your logic and goes against Economics 101) you are saying and the Industrial Revolution is one of the greatest things to ever happen as it transformed and greatly improved the standard of living and overall economy. Try living before the Industrial Revolution and let me know how that goes for you (and your watching of Blu-rays for that matter lol).