Ok. So we are almost 100 years from the last significant reduction of work burden on humanity.
How many times industrial technology has doubled its efficiency since then?
Why Americans still work as much as then (or even more)? Where the benefits of having better industrial technology went? Is your daily life that much better than life in 1926? Does cost of any advanced piece of equipment that you use now in your life that did not exist back then justifies all of your effort multiplied by our incredible technology that seems to be be missing?
This is a smart comment. You parsed the article! :)
Aren't Americans much wealthier today than 84 years ago? Hasn't the work paid off materially? I play with data for fun all day and live comfortably. My grandfathers worked like dogs and were poor. Isn't this a common story?
Did you grandfathers actually told you that they worked like dogs and were poor?
I think a lot of people don't share your story and don't play with data for fun all day. Instead they still put 40 hours/week plus unpaid overtime into a job they hate that makes them unpleasantly tired.
Ok, so income tripled from 15 to 45. How about purchasing power of that income? How much housing could you buy for that income back then an now? How many children could you raise back then and now for that income?
How does tripling even compare to increase in efficiency of industrial and agricultural production?
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Ok. So we are almost 100 years from the last significant reduction of work burden on humanity.
How many times industrial technology has doubled its efficiency since then?
Why Americans still work as much as then (or even more)? Where the benefits of having better industrial technology went? Is your daily life that much better than life in 1926? Does cost of any advanced piece of equipment that you use now in your life that did not exist back then justifies all of your effort multiplied by our incredible technology that seems to be be missing?
This is a smart comment. You parsed the article! :)
Aren't Americans much wealthier today than 84 years ago? Hasn't the work paid off materially? I play with data for fun all day and live comfortably. My grandfathers worked like dogs and were poor. Isn't this a common story?
Did you grandfathers actually told you that they worked like dogs and were poor?
I think a lot of people don't share your story and don't play with data for fun all day. Instead they still put 40 hours/week plus unpaid overtime into a job they hate that makes them unpleasantly tired.
Of course not, they would never complain. Poor southerners don't do that. The one did talk about losing the farm though. Don't take his word for it though, look at some data: http://www.visualizingeconomics.com/2008/05/04/average-incom...
Ok, so income tripled from 15 to 45. How about purchasing power of that income? How much housing could you buy for that income back then an now? How many children could you raise back then and now for that income?
How does tripling even compare to increase in efficiency of industrial and agricultural production?
"Losing farm" is impossible now?
Why don't you reply with some data to have an informed conversation, I'm not your query engine. Know how to google?
I'm not asking you questions. I'm sharing my questions with you. If you don't want answers to those questions then don't seek them.
You're too lazy to actually seek answers and participate. Conversation done ;)