Protectionism is bad for the economy as was demonstrated in the late 1920’s early 1930’s. Import taxes or any other special interest subsidies artificially inflate prices and ultimately reduce the quality of life for everyone except the benefactors of the subsidy.
According to the Bureau of Labor Statistics, there are 9 million US workers in the transportation and material moving occupations – 2.8 million truck drivers. As driverless vehicles become ubiquitous, it is that silently creeping hoard of future unemployed workers who will wreak havoc on the economy and the political system in the next 5-7 years. Their ability to shift to other types of employment is limited. So they’ll be competing for the same jobs the immigrants are hoping to have.
Of course education is becoming a commodity too and if it weren’t for the universities subsidized by the student loan monstrosity, education would already be a commodity. Anyone who can work a computer can gain expertise in just about any subject or skill. Proctoring will become an industry as easily accessible educational content proliferates. What that means is fewer people will provide educational content to many more people. Campus facilities will become mostly obsolete as will most educators. Would-be educators won’t even be able to find truck driver jobs. Which begs the question: Who will hire educators?
Add the ever expanding mass of social security recipients to the mix of unemployed and the perfect economic storm becomes immanent. It is tragic that Trump, like Hover, will be the become the scapegoat for the country’s woes while those who sold the people out for their own greed will continue on their merry way.
Because crowd manipulation is now a mature science easily employed by anyone with an agenda, we are seeing masses of people swayed to and fro. It is becoming common place. People who are made to think they are thinking but are not, will buy into stranger and stranger things.
Localization is my solution. It is the model I’m shooting for: local honey, local beer, local agriculture, and local products. Technology can help us get there as 3D printing continues to develop exponentially. It will soon allow us to print on demand the items that we need. Material costs are also coming down as the need for transportation is reduced and cargo chauffeurs become obsolete.