They showed up with toolbelts, boots, and coffee. Ready to build.But the permits didn’t come. The financing froze. The city ghosted.Now they’re standing around like extras in a zombie film titled The Unused Workforce.From AI replacing entry-level jobs to tradespeople stuck in limbo, we’re asking the question no one wants to answer:What happens when you’ve got too many hands—and not enough hammers?
Well - I am a capitalist, as are you, and we should all know that modern economic theory going back to Keynes, was predicated on these upturns and downturns - and the without those downturns - what some call the creative destruction of capitiaalism - we have another much more serious problem - like now - when our entire economy has been subverted into a real estate machine. The wasted resources that results is built into our economic management - and one might, and should, question how apt that is. But the alternative, which you are inherently suggesting, of government taking over - will produce even more horrendous results, in time. Need you be reminded of China or the USSR as prime examples. And lets be crystal clear - more government subsidies for Real Estate will only exacerbate the immense problem we already have. Time to find work in the mines the mills and the factories. The thoughts are intruging. Keep thinking, keep writing.
Another EXCELLENT post! Thank you. I agree with your analysis (which I appreciate how you broke it down). My only point is, this downturn is supposed to last for 5 years. So, practically speaking: how does a person and/or business go that long on the sidelines. I mean, you're 5 years older potentially before the turnaround happens. Idk, just my thoughts.
Well - I am a capitalist, as are you, and we should all know that modern economic theory going back to Keynes, was predicated on these upturns and downturns - and the without those downturns - what some call the creative destruction of capitiaalism - we have another much more serious problem - like now - when our entire economy has been subverted into a real estate machine. The wasted resources that results is built into our economic management - and one might, and should, question how apt that is. But the alternative, which you are inherently suggesting, of government taking over - will produce even more horrendous results, in time. Need you be reminded of China or the USSR as prime examples. And lets be crystal clear - more government subsidies for Real Estate will only exacerbate the immense problem we already have. Time to find work in the mines the mills and the factories. The thoughts are intruging. Keep thinking, keep writing.
Another EXCELLENT post! Thank you. I agree with your analysis (which I appreciate how you broke it down). My only point is, this downturn is supposed to last for 5 years. So, practically speaking: how does a person and/or business go that long on the sidelines. I mean, you're 5 years older potentially before the turnaround happens. Idk, just my thoughts.