- 29 Nov 2020 06:08
#15140095
Jerome Powell the Federal Reserve Chair says: The Economy As We Know It Is OVER.
Nov 29, 2020
The Young Turks
Jerome Powell says the economy as we know it is over. That the US economy will be massively different after the vaccine lets the nation recover. That many more jobs will have been replaced by automation. That the resulting displaced workers will need Gov. assistance to survive.
(5.5 Min.)
.
IMHO, this is the last thing that should be happening in the face of the coming global crisis that will be caused by ACC, aka AGW. Replacing human labor with machines that are powered by electricity that will have to be generated by natural gas fired power plants is just dumb.
.
Nov 29, 2020
The Young Turks
Jerome Powell says the economy as we know it is over. That the US economy will be massively different after the vaccine lets the nation recover. That many more jobs will have been replaced by automation. That the resulting displaced workers will need Gov. assistance to survive.
(5.5 Min.)
.
IMHO, this is the last thing that should be happening in the face of the coming global crisis that will be caused by ACC, aka AGW. Replacing human labor with machines that are powered by electricity that will have to be generated by natural gas fired power plants is just dumb.
.