Saturday, September 24, 2011

No Mr. President, Technology Doesn't Cause Mass Unemployment

And so we discover that the American President is a Luddite:

But President Obama also spreads disinformation according to Market Watch:

Republicans have mocked President Barack Obama for suggesting that more jobs might be available if not for the increasing use of machines such as bank ATMs. But does the president make a legitimate point?

By and large, economists and executives say no.

For one thing, there are actually more bank tellers in the U.S. now than there were five, 15 or even 25 years ago, when ATMs first became widely available. Except for a small drop after the recent recession, the number of tellers has risen gradually for the past century.

1 comment:

Chutando a Lata said...

Nesta linha de raciocínio escrevi meu último post: Proteçao a quem mesmo?